Economic problems of women entrepreneurs in chennai sub urbans

Abstract

Last few years, India has record growth in women entrepreneurship. India has move up one place to 68th among 137 countries on the Global Entrepreneurship Index of 2018. According to Global women entrepreneur Leaders Network along with Dell Women’s Entrepreneurs Network Score card World requires 600 Million vacancies by 2025 to equip growing labour force. The best solution provided for the issue will be entrepreneurship. Encouraging New business establishments will create 70-90% of fresh vacancies. There raises need to encourage women, especially in the purview of employment and business. The 6th Economic Census report gives us the progress of women participation as entrepreneurs among Indian states. In which 13.51% of Tamil nadu’s women population are emerges as entrepreneurs followed by Kerala with 11.35% and Andhra Pradesh with 10.56%. Despite of various measures followed by our government we can still see a slow pace of growth among women entrepreneurship. Women entrepreneurship initiatives need to be intensified to boost up the opportunities for women interested to start business. Even though women have great urge to set up their own enterprise things does not come easy for them. Women are going through tough path as entrepreneur. There are many hurdles making their path tough few are male domination, financial crisis, knowledge gap etc., The present article is about a study explored about women entrepreneurs in sub-urbans in Chennai. The study used a convenience sampling comprising 100 women entrepreneurs. The study focused on factors that cause women to choose entrepreneurship and challenges faced by these women during their entrepreneurship, suggestions to overcome the obstacles.