The reality of women's business in India?
Women entrepreneurs contribute greatly to the development of the country and society. When women start their own business, they create new employment opportunities not only for themselves but also for others. women entrepreneurs work with new and different ideas. This not only empowers women, but also brings positive change in the entire society, reduces poverty and promotes gender equality. When women are economically self-reliant, their social status also improves and they can stand up for their rights.
According to the Global Female Entrepreneurship Index (FEI), india ranks 70th among 77 countries in women entrepreneurship. This situation raises the question whether women in countries like india are choosing entrepreneurship by choice or is it becoming a compulsion due to their economic condition? On this, recently MoSPI (Ministry of Statistics and Program Implementation) has released a detailed survey report on the status of women entrepreneurs in India.
What is the participation of women in the labor force?
According to the Global Gender Gap Report of the World Economic Forum, india ranks 139th out of 145 countries in terms of economic participation and opportunities. This raises many questions about the participation of women in the labor market. The most worrying thing is that the participation of women in the labor force is decreasing.
The participation of women in rural areas was 12.6 crores in 2004-2005, which decreased to 10.6 crores in 2009-2010 and then to 10.3 crores in 2011-2012. At the same time, there has been a slight improvement in urban areas. Where it was 24.2% in 2009-2010, which increased to 28.8% in 2011-2012.
According to the report, 52% of people are engaged in self-employment, with women (56%) outnumbering men (51%). About 18% of workers are salaried employees, but this figure is about 43% in urban areas, while in rural areas it is only 9%.
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