In a nutshell, women entrepreneurs refer to those women who come with a business enterprise with proper planning and initiative, combining and organizing various factors of production, operating and undertaking all the risks of uncertainty involved in running an enterprise.
It is a fact that the development of women entrepreneurship in our country is expectedly low. Most of the population in India believe that they are living in a male-dominated society, with women being weak and dependent on men, especially the age-old traditions and conditions serve as non-conducive conditions for the emergence and development of women entrepreneurship in India. As a result, there is a low literacy rate, low participation rate and low urban population share of women in our country.
From the economic point of view, Providing women with equal access to financial and development opportunities progresses towards gender equality and it is very much likely that it could have a direct positive impact on national and international economic efficiency. Many theories on economic development and gender equality agree that a “simultaneous relationship” exists between economic growth and women’s empowerment i.e. women empowerment and economic growth go hand to hand.
It was said by Paulo Freire, a Brazilian philosopher, in his book “The Pedagogy of the Oppressed”, that a change could only be brought upon the oppressors through a movement led by an oppressor. Similarly, a woman as a representative in any of the governing agencies or an in the top management of relatively big companies would help in coming up with policies and programmes that adopt the notion of women empowerment to a significant depth, with a greater understanding of problems alone faced by women.
Ms. Rashi Aanand, the award winner of “Social Entrepreneur of India” by Entrepreneur India Summit 2013, has been successfully leading the organization of Lakshyam NGO, over the past few years, majorly involving the activities of child education and women empowerment.
Lakshyam has three successful program i.e. Butterfly Program – Child development and education focusing on imparting remedial education classes to kids at its centre, Rooh Awakening Women’s Soul working for women empowerment, and Lakshyam Toy Library which aims at providing toys and books to kids.
The Rooh program, the organization has come up with, mainly aims at strengthening women’s demeanor towards a life with the notion of making women empowered, self-employed and Self-reliant. The program also includes the needs of sanitation and menstrual hygiene for women. Health awareness campaigns for women are organized now and then which range from the importance of iodine in salt to spreading awareness about causes of Breast Cancer as women’s health affects both individual household and national economic welfare due to gender roles. Moreover, women often take care of children and prepare meals. To fulfil these important duties and ensure the well-being of their families, women must be physically well and knowledgeable about health. Broader/Positive changes can occur within communities and regions if societies have improved women’s abilities to make decisions regarding childbearing, childrearing, sexual relations, and the use of contraceptives.
General progress in women’s empowerment correlates well with progress in economic development, and spillover effects from gender-economic equality are positive for both the economy and women’s empowerment. It is widely believed by many scholars and learned men/women that the full participation of both men and women is vital for development. Only acknowledging men’s participation would eventually lessen potential sustainable development. Without the equal inclusion of women in development, women would not be able to benefit or contribute to the development of the country.