ISO 9001:2015

WOMEN ENTREPRENEURSHIP IN RURAL INDIA: KEY TO INDIA'S ECONOMIC GROWTH

Dr. Pallavi Kumari

Women entrepreneurs are key players in any developing country. In the present scenario, women as entrepreneurs' contributions to growth and sustainable development are very less. Hence, there is a need to provide opportunities to the women entrepreneurs in rural part of our country so that they may give a meaningful participation in entrepreneurship ecosystems. There is a need to empower budding and existing women entrepreneurs by motivating them to start, run and grow their business and create conducive conditions for inclusive, resilient and sustainable economies. Though, it is true that women should be treated equally as partners in the development process, but the reality is that they are still exploited and subjugated, especially in modern India and in a cashless society. Many studies have shown that, ‘Entrepreneurship’ is crucial to the health of any economy, developed or emerging.They may develop new job opportunities and create new businesses, generate jobs for themselves and also for others. Moreover, it is true that only 14% of Indian women are business owners or managers, according to the Sixth Economic Census, which was conducted in 2014.Micro-businesses make up businesses run by women, and a good percentage of them are self-funded, but the speed of this progress is slow. The paper will also throw light on how women residing in rural areas can play an important role in the transformation of India. Indian women have consistently performed and are capable of contributing as an equal participant in advancing the nation's economy. The paper emphasizes how women's entrepreneurship in rural areas can promote the effective use of their human potential. By utilizing their power for nation building, it is necessary to strengthen and streamline the role of rural women in the growth of many sectors. Entrepreneurs influence the economy by generating new money and jobs, as well as by developing new items for the market. In a nutshell, it can be concluded that a women's entrepreneurship especially in rural areas can contribute significantly to the economic well-being of families, communities, eradicating poverty, and empowering women.

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Keywords: Women Entrepreneurs, Sustainable Economies, Globalization, Economic Development.


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