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Even though female entrepreneurship and the formation of female-owned business networks is steadily rising, there are a number of challenges and obstacles that female entrepreneurs face. One major challenge for female entrepreneurs faces traditional gender roles that are structurally internalized by society.
The Women Entrepreneurship Platform (WEP) is a unified access portal [clarification needed] which brings together women from different regions of India, across economies to realize their entrepreneurial aspirations.
Women represent a growing sector of social entrepreneurs. Gailey and Bhatt Datta write that women are often driven to entrepreneurship in order to feel empowered in their own circumstances because they want: "(1) Access to resources, including preconditions; (2) agency, including process; and (3) achievements, including outcomes." [4]
This clearly indicates that the government has been undertaking proactive steps to converge the entrepreneurship in India towards development of rural women. [10] Through the 2nd phase of Pradhan Mantri Kaushal Vikas Yojana, around 68.12 lakhs of women had undergone skill training.
In 2022, Singh also won the women entrepreneur of the year award at the Indian Achiever's Forum. [12] In 2023, Singh has been awarded Champions of Change for driving social development in India. [13] [14] [15] In 2024, Singh won the Woman Entrepreneur of the Year award at the Entrepreneur Awards. [16]
Stand-Up India was launched by the Government of India on 5 April 2016 to support entrepreneurship among women and SC & ST communities. Stand Up India Loan Scheme is a government initiative launched by the Government of India in 2016 to promote entrepreneurship and facilitate bank loans to Scheduled Caste (SC) / Scheduled Tribe (ST) and women entrepreneurs in the country.
Links in the Chain (Hindi: Srinkhala ki Kadiyan) is a collection of essays by Indian writer Mahadevi Varma (1907–1987) on women's inequality in India.The essays were written between 1931 and 1937 for the literary journal Chand, and were later published together as a volume in 1942.
Because the world of social entrepreneurship is relatively new, existing now for over a few decades, there are challenges facing those who delve into the field. First, social entrepreneurs are trying to predict, address and creatively respond to future problems [33] and often face difficulties in identifying the right problems to solve. [34]