January 16, 2023 Imphal By Bhogen Goswami:
Entrepreneurship has been a significant integrand in the economic development of a country. To accelerate into the optimum level, strong operative coordination between men and women is crucially required. Unlike before, the growth in the Indian economy over the last decade has opened the door of opportunities for umpteen amount of women entrepreneurs and business owners to take hold of their share.
The Gravity of Women Entrepreneurship
It is only when men and women work hand-in-hand with recognition and utilization of women’s potential that makes a successful business. Coming into women’s potential as entrepreneurs, theyare often found to sort out unique sets of approaches and analytical perspectives while solving problems, and providing terrific solutions. And at the same time, they come up with different yet appreciable set of ideas that plays a vital role in decision-making as well.
According to researchers, women entrepreneurs hold certain idiosyncrasies that boost their creativity and subsequently induce new ideas, thoughts, and ways of action. They are relatively self-directed and highly motivated with a great amount of internal focus and control. Over the last decade, women entrepreneur has proved their significance in economic growth by giving self-employment to themselves and to others as well.
The Call for Encouragement in India
Recognizing that women entrepreneurs have the peculiar urge to build and sustain long-term relationships with skilled communication, organizational, and networking knowledge over men, it is high time to encourage and support them in a country like India. The patriarchal conservative suppressions and stereotypical notions over them can sometimes hinder in their organizational growth. In such countries, women taking initiative will inspire other women to start entrepreneurship. Subsequently, this will increase the employment rate among them, and lower gender biases and barriers in the workplace. Having successful women in any field will definitely spur Nextgen women to carry the legacy forward.
Considering the versatility of Indian women entrepreneurs, it is high time to encourage and support them not only for economic development but also for their position in society. The productivity of the industrial sector can be enhanced by identifying, training, and guiding the uncultivated potential of educated, qualified, and talented women. With the increasing number of educated women in the country, supporting them to live self-dependent by guiding them into entrepreneurship is incumbent.
