Why a Woman opts for entrepreneurial path? Discuss the success prospects and problems of an Indian
women entrepreneur in this context.
Answers
Answer:
Women entrepreneurship is the process where women organise all the factors of production, undertake risks, and provide employment to others. The definition of women entrepreneurship has never been differentiated on the basis of sex and hence could be extended to women entrepreneurs without any restrictions.
Explanation:
In India, the proportion of women in paid work is among the lowest in the world, at just over 23% – a figure which contrasts sharply with the corresponding rate of over 78% for men.
Opportunities for women to enter employment in the country are limited by a range of factors. These include a dominant tradition of female domestic responsibility, and a prevailing social patriarchy.
Deeply entrenched cultural expectations mean that women are more likely to stay at home. And when they do work, it is mainly on an informal basis, without the luxury of secured wages and contracts.
Against this backdrop, the idea of female entrepreneurship in India faces major challenges. Setting up a business can require significant efforts outside of normal work times, and can lead to women being perceived as irresponsible if they dedicate time to entrepreneurial activities.