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Thus, governments across the world, as well as various developmental organizations, are actively undertaking the promotion of female entrepreneurs through various schemes, incentives and promotional measures. Female entrepreneurs in the four southern states and Maharashtra account for over 50% of all women-led small-scale industrial units in India.
The state adopted a patronizing role towards women. For example, India's constitution states that women are a "weaker section" of the population, and therefore need assistance to function as equals. [2] Thus women in India did not have to struggle for basic rights as did women in the West.
Chitra Ramkrishna, Former Managing Director and CEO, National Stock Exchange of India; Kalpana Morparia, CEO of South Asia and India Operations at JPMorgan Chase; Manisha Girotra, CEO, Moelis India; Naina Lal Kidwai, Group General Manager and Country Head of HSBC India; Renuka Ramnath, founder of Multiples Alternate Asset Management
Nearly 40% of female founders said that improving their work-life balance was the biggest catalyst for starting a business. Here's why women are quitting the workforce to become entrepreneurs.
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.
The Women's University of Science and Technology, which is the first all-women's university in Kenya, allows women to access higher education and entrepreneurial training. [32] These programs have empowered women to create small to medium-size enterprises, such as tailoring and bead-making.
The Women Transforming India awards are an annual contest supported by the United Nations in India, Indian government website MyGov, and NITI Aayog (the National Institution for Transforming India). They honour "exceptional women entrepreneurs, who are breaking the glass ceiling and challenging stereotypes". [1] The first awards were given in 2016.
The Committee on the Status of Women in India released a report in 1974, and had a significant influence in the reemergence of activism towards gender equality. The report highlighted the significant differences between men and women in India, including the disparity in the sex ratio, mortality rates, employment, literacy, and wage discrimination.