Women Economic Empowerment through Multiple Enterprises in India

Abstract

The inclusive development of the country mainly depends on the economic growth of the people irrespective of caste, creed, gender and religion. It becomes true when all the section of society particularly women come forward to involve themselves in production activities through Micro, Small and Medium Enterprises (MSMEs). The MSMEs sector contributes significantly to the manufacturing output, employment and economic growth of the country. Women entrepreneurs can get benefit from the initiatives of the MSMEs. Entrepreneurship of women can promote financial support for women, especially through MSMEs sector by helping them to become successful entrepreneurs. The roles of women and other marginalized section of society are increasing positively with a very slow but sure pace in MSMEs as an entrepreneur, attracting more support from government and financial institutions. The present paper examines the model of ownership of private enterprises among different social groups such as gender and caste, state wise employment in registered and un-registered sectors of MSMEs in India. Moreover, it also suggests that necessary facilities i.e. land, capital, technological support, training and marketing etc. should be given to promote entrepreneurship by the central and state government among female and SCs/ STs.