Women Entrepreneurship in India: An Imperative to Women-Led Development

Akanksha

Affiliations:

Guest Faculty, Department of Political Science, M.A.M. College, Naugachia, T.M.B.U., Bhagalpur, Bihar, INDIA

Entrepreneurship is pivotal for empowering women as it provides them with economic independence and a greater share in socio-economic affairs. In the contemporary landscape, we are experiencing a historical transformation in bringing about women-led development. In an era of Quick Commerce (q comm), which has fuelled the growth of a new ecosystem and forced companies to rethink their strategies and customise offerings, women entrepreneurs stand as a beacon of enduring excellence, and their performance has left an indelible mark on the Indian businesses. The gender gap is narrowing, and women entrepreneurs are not only chasing targets but relentlessly navigating careers in this tech-centric world. Despite the adoption of policies aiming at holistic advancement and empowerment of women in 2001 and 2016 and the implementation of affirmative actions towards feminine upliftment, women are not absolutely free from discrimination, and they have to face a complex web of challenges. No doubt, there are more women entering tech now, but we see a drop off when many go through life challenges like parenthood and workplace constraints. The present study intends to explore the groundbreaking transformations in female empowerment from the Indian perspective. The findings reveal that women’s entrepreneurship is integral to achieving economic growth, prosperity, and women’s empowerment. The full and equal participation of women is needed to avoid and reduce the persistence of a glaring omission of equitable benefits to women entrepreneurs. The present paper emphasises that investing in women is not just a matter of equity; it is smart economics.

Keywords:
Entrepreneurship, Empowerment, Women-led development, Women Entrepreneurship, Gender Gap.

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