A Study on Challenges and Problems Faced by the Women Entrepreneur in India: An Overview

Abstract

This paper is to know about the problem faced in the business by the women. India is a male-dominated country where woman’s are always considered as weaker sections and recognized as inferior as compared to male counterparts. This differential treatment proved to be the major obstacle in the way of women's development in all fields of life, especially in entrepreneurship. The concept of women entrepreneurship in India is of recent origin and has gained momentum since the early 1980s due to the liberalization of economics. In terms of the Schumpeterian concept of modern entrepreneurs, women who innovate, emulate or acquire a business activity are called “women entrepreneurs”. In Tamil Nadu females face many difficulties due to the socio-cultural norms, male domination, and family responsibility. Women entrepreneurship not only contributes to the economic development of the country but also to the economic well-being of the family and communities. Despite the number of measures and incentives taken by the Government of India, the women entrepreneurs are not increasing at a greater rate. This paper attempts to analyze and highlight various opportunities and challenges faced by women entrepreneurs while operating the venture.