Role of Women Entrepreneurship in social and Economic Development of India

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Dr. Sayyad Vakeel Ahmad Munaf Ali, Dr. Nakshatresh Kaushik, Dr. S. Lara Priyadharshini, Dr. Rita Biswas, Dr. Pamarthi Satyanarayana, Souvik Sen

Abstract

This study looks into how women entrepreneurs contribute to India's social and economic advancement. Using a deductive methodology and an interpretivist research philosophy, the study addresses four thematic areas: creativity and diversity, governmental and institutional support, hurdles and challenges, and empowerment and economic impact. By utilizing a descriptive methodology and gathering secondary data, the study illuminates the revolutionary roles played by women-owned enterprises. Innovation functions as an instrument or a catalyst for entrepreneurship. Indian women are respected for their accomplishments in their fields and stand out from the crowd in spite of all the societal obstacles they face. Indian women's lifestyles have to alter due to the shift in women's educational standing and their different ambitions for better lives. This essay aims to investigate research on women's innovation and entrepreneurship in light of their unique personal and professional traits. The paper acknowledges the limitations, which include potential regional differences and reliance on historical data, but it also acknowledges their major influence. The results highlight the necessity of creating an ecosystem that supports women entrepreneurs in India and is guided by specific laws and institutional assistance in order to fully realize the potential of this sector.

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