Women Entrepreneurship Problems

PROBLEMS AND PROSPECTS OF WOMEN ENTREPRENEURSHIP IINDIA

Dr. S. BALAMURUGAN,

Assistant Professor,

Periyar Institute of Management Studies,

Periyar University, Salem-11.

V.SUDHA,

Ph. D Research Scholar,

Periyar Institute of Management Studies,

Periyar University, Salem-11.

ABSTRACT

The knowledgeable Indian women have to go a extended way to reach equal rights and point because society are deep fixed in Indian society where the sociological set up has been a male dominated one. Women Entrepreneurship is considered to be an effective instrument for the economic empowerment of the women. Women in India remained economically undeveloped for many decades. In the recent past only the concept of Women Entrepreneurship is gaining momentum. Despite

In the previous times, the term entrepreneur was clear to men with thoughts which they expand into working businesses. Women were not often introduced and participated in such ventures. General public’s feeling was not in favour of women being involved in business. However, a very few women were involved in working small businesses such as hostelries, coffee shops, retail shops, etc., mostly to produce income for the family in the lack of spouses. Though these ventures be not careful as entrepreneurial, these acted as a set off for the oncoming surge of entrepreneurship by women. With advent of education, technology and acceptance in society, women slowly came forward with ideas of self-employed and women-owned

Accordingly, the Government of India (GOI2006) has defined women entrepreneur as “an enterprise owned and controlled by a women having a minimum financial interest of 51 per cent of the capital and giving at least 51 per cent of the employment generated in the enterprise to women.” However, this definition is subject to criticism mainly on the condition of employing more than 50 per cent women workers in the enterprises owned and run by the women.

In nutshell, women entrepreneurs are those women who think of a business enterprise, initiate it, organize and combine the factors of production, operate the enterprise and undertake risks and handle economic uncertainty involved in running a business enterprise.

FUNCTIONS OF WOMEN ENTREPRENEURS:

As an entrepreneur, a woman entrepreneur has also to perform all the functions involved in establishing an enterprise. These include idea generation and screening, determination of objectives, project preparation, product analysis, and determination of forms of business organization, completion of promotional formalities, raising funds, procuring men, machine and materials, and operation of business.

OBJECTIVES OF THE STUDY The main objectives of the study are as