Indian Female Entrepreneurs as Catalysts for Economic Growth and Development

Abstract

Female entrepreneurs are increasingly being considered to be an important catalyst for economic growth and development in India, as they are contributing substantially to employment generation, and, as such, female entrepreneurship has become an area of research interest over the past few years. This paper furthers this research by making a theoretical study of the current status of female entrepreneurs in the country. It discusses the many challenges they face, focusing on their level of education and socio-cultural constraints. It also suggests some solutions to overcome such barriers. These include giving them proper training, developing an entrepreneurial attitude in them, ‘attributional augmenting’, understanding their entrepreneurial motivation, and, most importantly, removing the discriminating social customs imposed on them.