Government Initiatives Supporting Women Entrepreneurship in India
India is experiencing a remarkable surge in women entrepreneurship. Women nationwide are stepping out of traditional roles, embracing entrepreneurship, and contributing to the economy like never before. The landscape of women entrepreneurship in India is both promising and challenging.
Despite India having 63 million micro, small, and medium enterprises (MSMEs), of which around 20% are women-owned, employing 22 to 27 million people, the country still ranked 57th among 65 countries in the Mastercard Index of Women Entrepreneurs (MIWE, 2021). This statistic highlights the untapped potential and the significant need for targeted support to elevate women entrepreneurs globally.