The women have realized the crucial role that they need to play in the development of the economy of their country. They have also noticed how important it will be on their side to be self-reliant and not to be too independent of their husbands. Following the introduction of the policy, there are several households in the country that are headed by women. Women have also struggled with their new found sense of independent to participate in the process of rebuilding peace and security in their beloved country. Following the introduction of the provision of the micro-financing loans to the women, more economic development have been recorded in the country.
SHG microfinance model is widely accepted measure to promote development and empowerment of women. Micro financial programmes targeted mainly on women. The traditional philosophical practices confined women as inferior to men. But SHGs intervention is the key which opens the door to practical life. Participation in income generating activities and economic independency should transform marginalized women into mainstream.
This results in women taking jobs in lower positions or that pay low, since their lack of recent experience and hours worked in the past are found unappealing to employers who seek employees who are motivated and committed. This absence of female employment in high paying professions is directly correlated to the gender pay gap. Although women can be just as ambitious as men, motherhood greatly decreases their average income and affects which jobs they will be hired for in the future as well. One common theme that emerges from these sources is the emphasis that women take different career paths and career choices than men, resulting in a misinforming gender pay gap by the media. This is also an example of how social norms is an important factor to this wage gap.
As a result, increasing levels of women education is to make long-term investment to the future generation. Unlike men, educated women tend to spend income for their family instead of themselves. With all reasons above, women with higher education can improve economic and social structure in the developing countries. In other word, the revolution in educational system of women can be a crucial key to solve poverty issue within
Due to the rise of Feminist idea, there has been a tremendous improvement in women’s status in the World. Women’s education in India has been a major concern of both the government and civil society as educated women can play a very important role in the development in the society. Women power is crucial to the economic growth of any country. In India, this is yet to meet the requirements despite reforms. Jawaharlal Nehru said, “If you educate a man you educate an individual, however, if you educate a woman you educate a whole family.
The formulation of the theories assumes that access financial services enable women empowerment by giving them capital in order to earn income unsupported and economically contribute to their homes and communities. Theories further assume that women are able to gain greater control and be empowered if they take part in income generating activities. Women once economically empowered, the theories insists once they attain control of their lives and are able to directly provide education, healthcare, nutrition to their children (Rambo, 2012). Control over income, land and many other economic resources defines economic empowerment of women according to Blumberg (2004) mentioned in the study by Rambo (2012). Furthermore, Chen et al (2005) cited by Rambo (2010) group a number
Today, studies have examined that large number of female migrants migrate from developing countries for better job opportunities in the developed nations. The invisibility of women participating in transnational migration has now gained more attention because of the transforming global labor market. Nevertheless, women labor is not only considered as low-wage labor but also undervalued as “cheap” or
In the early decade the concept of women development was totally out of mind and their condition was miserable. But with the changed scenario, the thinking of people has been changed due to the education; awareness and now the problem of women are looked upon as the problems of social welfare. Though, the status of women in the society has improved substantially in the recent periods, the gender inequality remains in countries like India. At the same time, experiences from developing countries show that an improvement in women’s education health, employment opportunities and social participation has contributed to their growth. In India self-help groups represent a unique approach to financial intermediation.
From an Austrian economic perspective the characteristics of women’s entrepreneurship analysed and offered a set of policy recommendations. Still do not know enough of the entrepreneurial process and women we have argued that better knowledge about the economic importance of women’s entrepreneurship and their particular strengths, weaknesses and opportunities, is central. As low rates of women’s entrepreneurship are both related to the status of women and the status of entrepreneurship, they have suggested that increasing the abilities of women to participate in the labour force and generally to improve the position of women in society and generally increase the possibility to engage in entrepreneurship is central. However, more targeted initiatives are also needed to support women entrepreneurs and would be entrepreneurs. 4.
This could be linked to more internal innovation as a result. Healy (2014:34) states “International research examining gender diverse teams best promote an environment where innovation can flourish than those which are skewed towards a particular gender.” Even research proves that increasing the number of women workers in the workplace could result in better productivity and it is fundamentally a very good way for cohesion between co-workers to take place. How can women get better jobs? The answer is not that simple but education plays a very important role. In previous generations access to education for women was limited.