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VOL. 5, ISSUE 2 (2023)
Problems and prospects of home-based women entrepreneurs
Authors
Dr. N Prabaharan
Abstract
Entrepreneurship is becoming increasingly
important in the modern economy, and its contribution is recognized worldwide.
However, in India, entrepreneurship is often perceived as a male-dominated
concept, and women who start their businesses face significant challenges.
Women's entrepreneurship is seen as an effective tool for the economic
empowerment of women, who have traditionally been economically undeveloped in
India. While the concept of women's entrepreneurship has gained momentum in
recent years, the number of women entrepreneurs in India is not increasing at a
significant rate, despite numerous measures and incentives taken by the
government. This is due to various practical problems faced by women in the
process of entrepreneurship. The purpose of this paper is to analyze and
highlight the problems and prospects of women's entrepreneurship in India.
Women entrepreneurs face several challenges, including limited access to
finance, lack of technical and business skills, low levels of self-confidence
and risk-taking ability, and societal attitudes and norms that limit their
opportunities. Additionally, women face challenges related to work-life balance
and social expectations that prioritize their roles as caregivers and
homemakers over their entrepreneurial pursuits. Despite these challenges,
women's entrepreneurship offers several prospects and benefits, including
increased financial security and economic independence, as well as the
potential to contribute to the economy by fulfilling local market demands. It
is crucial to address the challenges faced by women entrepreneurs and provide
them with the necessary support and resources to overcome these obstacles and
succeed in their entrepreneurial endeavors. Overall, this paper seeks to shed
light on the importance of women's entrepreneurship in India, the challenges
they face, and the prospects and benefits that come with it. By providing a
comprehensive analysis of the issues surrounding women's entrepreneurship, this
paper aims to contribute to a better understanding of how to support and
encourage women entrepreneurs in India.
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Pages:28-33
How to cite this article:
Dr. N Prabaharan "Problems and prospects of home-based women entrepreneurs". International Journal of Commerce and Economics, Vol 5, Issue 2, 2023, Pages 28-33
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