A Term Paper on

ROLE OF FEMALES IN DEVELOPMENT OF OUR ECONOMY

Report Submitted in Partial
Fulfilment of the Requirements for the Award of the Degree of
 
 BACHELOR OF BUSINESS ADMINISTRATION (BBA) BY
RITIK PUROHIT
(Enrollment No. A60006419034)
Under
Guidance of
Dr. RIMJHIM JHA

Amity Business School

Amity University Madhya Pradesh
JUNE-2020
 INTRODUCTION
Women entrepreneur can be characterized as a woman or gathering of women United Nations agency begin,
compose, and maintain a commercial enterprise. Relating to Schumpeterian plan of inventive entrepreneurs, woman
United Nations agency enhance, imitate or embrace an organization are selected as “WOMEN ENTREPRNEURS”.
The Government of India has described woman business people dependent on woman enthusiasm for worth and
work of a business venture .According to definition given by Government of India – “A woman entrepreneur is
defined as an enterprise owned and controlled by woman having a minimum financial interest of 51% of the capital
and giving at least 51% of the employment generated in the enterprise to woman.
In other words, a woman can become an entrepreneur when she builds up a business accumulate all resources, bear
all the risks happening in the undertaking, tackle the difficulties cleverly and make other people work under her and
supervise the enterprise independently and confidently. Around 1/3 rd of entrepreneurs on the planet are women
entrepreneurs. There has been a transformation in performance of women due to increased access to education, equal
opportunities, feminist movement and industrialisation.
 REVIEW OF LITERATURE

Kumar (2007) in the study on “Women's Role and Gender Differences in Development” has observed that the rate of industrial sickness is
high in Kerala and it is more significant in the small-scale sector. Entrepreneurs who lack entrepreneurial culture and heritage organize most of
the small-scale enterprises. He has suggested that the DICs should undertake the responsibility of co-coordinating the functions of various
state agencies.

Chandra (2007) in the study entitled, “Women Entrepreneurs Problems and Prospects” has found that when development programmes are of
a general nature, they never reach the poor women. Even programmes with quota reservations sometimes do not give women equal
opportunities to derive benefits. Therefore, National development programmes need to be formulated only and exclusively for women.

Kikuchi (2008) in his article titled, “Potential Women Entrepreneurs” has found that sub-contracting in the export garment sector is not
limited to sewing, but also for other related services. Because of the technology used in the garment industry which is labour intensive and the
spread of garment sub-contracting in rural areas employment 39 opportunities have been created with low opportunity costs. More
fundamentally, the rise of the export garment sector has given an opportunity for new rural entrepreneurs to create a new rural industry.
RESEARCH METHODOLOGY

1. Methodology
In this study, secondary data has been used from different sources to states the objectives of study as well
as research study on Internet basis.
 
OBJECTIVES OF STUDY
 To study the factors affecting female entrepreneur

 To study the solution to the numerous problems faced by women entrepreneurs.

 
DATA COLLECTION
Secondary data: the secondary data was compiled from the existing data sources on internet &
catalogues.
 DATA ANALYSIS
The above graph represents the motivating factors to start a
business by a woman. Money making is the most important factor
which motivates women to start their own business as quoted by
52% of women. And, 48% of women started their own business as
for self-Achievement and 40% of women started their own
business because they did not want work under others and 38% of
the women said that the reason behind starting their own business
is to take independent decisions where 27% of them have started a
business in order to gain social status in the society. The rest 3%
of the women have stated other reasons for starting their own
business.
Figure 4.1 motivation for starting a job
 DATA ANALYSIS

Fig 4.2 Global rise of women entrepreneurship Fig 4.3 Key Challenges faced by women entrepreneurship
CONCLUSION AND FUTURE PROSPECTS
Women in India start their medium and small business under unfriendly circumstances. They have to face a lot of difficulties. In addition
to the fact it is challenging to them to discover premises, discover markets for their product, but they also have narrow approach for
training especially in rustic areas. Women are not well treated nor taught in India i.e. their academic levels are low. They also have burden
of domestic chores. Also, they have to take approval from their members of the family to venture out, to exchange fairs, or for training,
regardless of whether they would like to develop their enterprises. After facing a lot of obstacles, when they start their own business, they
need to do better coordination into the women association which will help them to recognise higher potential, business openings, create
market for their product, enhance product quality and marketing aptitude and they may earn good money related administration secure
better premises.
In upcoming years, orthodox thinking of people living in India in respect of women will definitely change. The whole family depends
upon a woman, when a woman will take a step ahead, then the family will move ahead, the village will also move and the nation will too.
Entrepreneurship provides monetary status as well as social status to women and thereby empowers the women.
Women in today’s era are very challenging; they want to do the activities that were once sustained for men. They face a lot of obstacles in
order to start a business so, a plan or strategy should be instrumented in close collaboration with various growths in different areas such as
education, health, environment and energy.
THANKYOU!