While the Indian government left no stone unturned in overhauling the economy and providing the much-needed impetus to MSMEs, we read stories of both the resilience and the struggle of women entrepreneurs wading through a sea of problems and yet refusing to give up. Therefore, it is our social and moral obligation to facilitate an enabling environment for women desirous of entering the workforce by rendering them equal opportunities and opening up new avenues for them to thrive. Despite India’s general progress in terms of the number of women entrepreneurs in the country, there still remains a considerable gender gap that needs to be closed. Currently, women only account for 13.56 per cent in the entrepreneurial space and have a significantly disproportionate presence in the labour force. Though the government has been making continuous efforts to empower women in India, they continue to be, by and large, hobbled by disempowerment, financial dependency and inequalities. As per the India SDG Index, India has secured a score of 42 on a scale of 100 on the indicator of “Gender Equality”. The figures from the latest Periodic Labour Force Survey also lay bare the vast gender inequality: An abysmal 19.7 per cent rural women and 16.1 per cent of women in urban areas were found to be in the labour force. To plug these gaps and work towards an inclusive society, every stakeholder has to do more.
government, women empowerment, Indian economy, financial, gender equality, society, entrepreneurs
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