Contribution of Women Empowerment towards SME’s Development in India

WOMEN EMPOWERMENT TOWARDS
SMALL AND MEDIUM ENTERPRISE’S
DEVELOPMENT IN INDIA: THE
CONTRIBUTION OF WOMEN IN
DEVELOPMENT OF INDIA'S ECONOMY
WITHIN SMALL AND MEDIUM SCALE
INDUSTRIES

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
Research Title..............................................................................................................................1
Research Aim...............................................................................................................................1
Research Objectives.....................................................................................................................1
Research Questions......................................................................................................................1
Research Background..................................................................................................................1
Rationale of the Research............................................................................................................2
Significance of the Research........................................................................................................2
Scope of the Research..................................................................................................................3
LITERATURE REVIEW ...............................................................................................................4
Understanding about women empowerment ..............................................................................4
Need and significance of women empowerment ........................................................................5
Role of small-scale industries in women empowerment in India ...............................................7
SMEs industry environment in India in context of women ........................................................8
Best practices for female owned SME's in India ......................................................................10
REFERENCES..............................................................................................................................12

INTRODUCTION
Research Title
Title of this research project is: Contribution of women empowerment towards SME’s
development in India.
Research Aim
Main aim of this research is “To explore the contribution of women empowerment
towards SME’s development in India.
Research Objectives
Research objective is main part of a research paper because entire activities of research is
depending on them. This research is split into two variables which is dependent and independent
(Bos and Millone, 2015). According to the topic, SEMs development in India is dependent
variable which is depend on contribution of women entrepreneur. There are some essential and
useful objectives related with the research aim are determined as under:
 To extend understanding about Women empowerment.
 To explore Role of women in Small-Scale Industries in Andhra Pradesh
 To analyse the favourability of SME industry environment to Women.
 To identify the challenges faced by women and examine best practices for female owned
SME's
Research Questions
Research question is also considered important and useful part for research which is
mainly based on research objectives. There are some research questions which are determined as
under:
 What are the basic phenomena about Women empowerment?
 Does the SME environment favour women?
 Are there challenges limiting women in contributing to SME?
 What the knowledge about the best practices for female owned SME’s?
Research Background
SME or Small Medium Enterprises plays a vital role in economic development of a
country (Calman, 2019). Their role in terms of production, generation and contribution of
employment not only helps in improving the economic condition of a country but also helps in
reducing unemployment within a country. For Indian economy also SME are equally important.
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It has been observed that nowadays contribution of women are also increasing i.e. today a greater
number of women’s are starting to work or start their own business. In each and every sector a
greater number of women are engaging themselves in performing different kinds of jobs at
different levels. From top to bottom i.e. at each level women are participating in equal number as
compared to men. Other than working as an employee, women are also giving a tough
competition to male entrepreneurs. Even in India number of women entrepreneurs are increasing.
If only SME’s are focused them it can be said that SME has a greater number of Women
entrepreneurs as compared to make entrepreneurs (Ramadani, Gerguri-Rashiti and Fayolle,
2015) . Contribution of Women entrepreneurs is playing a vital role in development of countries
like India. But there is another side of this fact which focuses on all kinds of issues or problems
that are faced by Women in starting their own business-like financial problems, human resource
problem etc. All of these issues are impacting growth of women entrepreneurs due to which
participation of women entrepreneurs in SME is decreasing continuously. It is very crucial for
both the developed and developing countries whether they are small as well as medium they
always represent the economic development model that la emphasis on the high contribution
regarding domestic production,employment generation , effective contribution regarding the
foreign exchanges earning to the country regrading low import operations called imperative
operations (Garikipati and et.al., 2017). SMEs sector also emerged as a vibrant as well as
dynamic sector regarding economy. The Indian economy is more expected to grow 9 percent per
annum until 2020 and also becomes the largest within the world. It can be ahead to the United
states by 2051 as well as third largest after the United States and China by 2032. In order to
understand the influence the SMEs within Indian economy is that they must study the trend as
well as pattern tat can be prevalent within the prevalent year. These Medium and Small
enterprises consider as the backbone in general and secondary sector of an economy. For
developing countries such as India ,they are known as panacea regarding various economic woes
such poverty,inequalities,poverty ,regional barriers.
These MSMEs played a great role as well as assuring the socialist goals such as women
empowerment balance regional development and also envisaged through planners immediately
after the independence. It found to be more efficient to provide the women employment
opportunities relatively at lower cost (Ramadani, Gerguri-Rashiti and Fayolle, 2015). The
women working here are relatively. Indian economy is growing rapidly at high pace. It is
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because of rise in number of SME’s that are highly contributing in GDP of nation. In present
times, a large number of SME’s has emerged in India. They belong to different sectors and are
operating successfully (Garikipati and et.al., 2017). Moreover, women are also engaged in
managing business. They are working at high position like managers, CEO, etc. Moreover,
government has taken various initiatives as well to empower women in managing SME’s. it has
enabled in educating women and motivating them to work in SME’s. through SME’s women are
able to gain skills and knowledge. They are now able to manage business effectively and become
independent. SMEs as better pathway for women empowerment is that these industries requires
small amount of investment. Thus women with good business skills can also make investment
can generate profitability making them financially self regulating (Ramadani, Gerguri-Rashiti
and Fayolle, 2015) . The small scale industries are also crucial as it can improve growth as well
increase productivity.
Rationale of the Research
Rationale of the Research
Present research is based upon importance of women entrepreneur in growth and
development of India (Calvi, Lewbel and Tommasi, 2017). The main reason behind choosing
this as a research topic is that today number of women entrepreneurs are increasing in business
world with is playing a vital role in development of countries like India. This research is
important to understand the way in which role of women can be increased in development of a
country and what role does SME plays in increasing women empowerment (Qureshi, Khan and
Uprit, 2016). In order to increase women empowerment in business world small and medium
enterprise plays a vital role. This is the main reason because of which this topic has been chosen
as this research will help the research in identify the role of women entrepreneurs in small
medium enterprise in development of a country like India (Afshar, 2016). Other than this there
is another reason because of which this topic has been chosen is academic interest of researcher
so that the research can improve their research skills in a better and appropriate manner.
Women play a vital role in the running and functionality of the nation by making their
contribution in various fields such as politics where they contribute their efforts at times being
President, Prime Minister of India, Leader of Opposition and Speaker of Lok Sabha. States in
India such as Bihar, Madhya Pradesh, Himachal pradesh, Uttrakhand, Andra Pradesh, Himachal
Pradesh, Jharkhand, Chhattisgarh, Karnataka, Kerla, Orissa, Maharashtra, Tripura and Rajasthan
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have initiated implementation of 50% reservation of women in PRIs. Panchayats hold eneromous
number of members. Kodaserry Panchayat in Kerala have 100% elected it's members as women's
as currently there are 2 chief ministers of India are female along with 12 out of 29 states and
union territory of Delhi have at least one female Chief Minister.
Recruitment of women for non medical post for Indian Army Forces began positioning in
1992. From 2013 Border Security Forces (BSF) began recruitment of women where in year 2017
Tanushree Pareek is the first female combat officer commissioned by BSF game women the
freedom to serve for the nation and express their patriotism in efficient and effective ways.
Where government embedded several law's for their protection and safety such as
Guardians & Wards Act, 1890, Indian Panel Code, 1860, Christian Marriage Act, 1872, Indian
Evidence Act, 1872, Married Women's Property Act, 1874, Workmen's compensation Act, 1923,
Indian Succession Act, 1925, Immoral Traffic Act, 1956, Dowry Prohibition Act, 1961,
Commission of Sati Act, 1987, Cinematography Act, 1952, Births, Deaths & Marriage
Registration Act, 1886, Minimum Wages Act, 1948, Prevention of children from sexual offences
Act, 2012, Child Marriage Restraint Act, 1929, Muslim Personal Law Application, 1937,
Indecent Representation of Women Act, 1986, Special marriage Act, 1954, Hindu marriage Act,
1955, Hindu Succession Act, 1956, Foreign marriage Act, 1969, Family Courts Acts, 1954,
maternity Benefit Act, 1961, Hindu Adoption & Maintenance Act, 1956, Code of Criminal
Procedure Act, 1973, Medical Termination of Pregnancy Act, 1971, National Commission for
Women Act, 1990, Pre-conception and pre-natal diagnostic techniques, protection of women
from domestic violence act, 2005, sexual harassment of women at workplace act, 2013, Indian
divorce Act, 1969, Equal Remuneration Act, 1976, Hindu Widows Remarriage Act, 1856 and
Muslim women act, 1986.
India in today's time is facing low life expectancy of their women compared to that of
other countries in the world which is gradually improving but is a major concern for the nations.
Women and girls of rural culture are facing nutritional deficiencies and are mostly malnourished
where poor nutrition practices during pregnancy led to complications during birth where 42% of
the delivery process happen under supervision of expert whereas other 58% occur with the
support of elder women in the house along with many other un professional members of the
family who lack knowledge about pregnancy.
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