Which sectors have highest number of women entrepreneurs?
According to the 5th and 6th Economic Census, most of the women businesses were in the agriculture sector. This sector remains the most prominent for women. 35% of women entrepreneurs in the fifth census and 34.3% in the sixth census were involved in agriculture. Participation of women in manufacturing has decreased. It has decreased from 34.9% in the fifth census to 29.8% in the sixth census.
Participation of women in business has also decreased. It has decreased from 19.1% in the fifth census to 18.2% in the sixth census. Participation of women in the hotel and restaurant sector has increased slightly. It has increased from 2.2% in the fifth census to 2.8% in the sixth census.
Reasons for women's businesses being small
The MoSPI report has cited some studies to say that women's businesses in developing countries are usually small. There are many reasons for this, because women often face difficulties in taking loans from banks. women are often limited to certain types of businesses, which causes them losses. Apart from this, women also have to face many social and cultural barriers. Due to this, many times women do not have the freedom to take decisions related to their business.
Many times women are not taught the skills necessary to run a business. Due to household and family responsibilities, women do not have enough time to focus on business. Due to all these obstacles, it is a big challenge for women to start a business and make it successful.
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