A Study of Financial Institutions Assisting Towards Women Entrepreneurship in India | Original Article

ABSTRACT:

A financial consideration program may not point solely at women, but rather to guarantee that women advantage the greatest from such a program, it is essential to comprehend why financial avoidance for women is unique in relation to that for men. Creating and observing financial administrations composed as per the necessities of women entrepreneurs and making them mindful of such administrations through proficiency programs meets the goal of financial consideration as well as adds to the general financial improvement of the nation. This paper underscores on the requirement for a model of feasible banking that cultivates a more comprehensive, condition benevolent, straightforward and commercially-practical financial division and better serving and incorporating women is an imperative piece of it. Financial proficiency for women is a key, however mindfulness in society likewise needs to assume a major part in crossing over this hole and the paper is venture toward that path. A number of financial institutions provide support to women entrepreneurs for their innovative and imaginative scheme of activities aimed at skill development for income and employment generation in different sectors. Besides, the society should also facilitate the growth of women by recognizing their talents and abilities. There has been a substantial growth in women’s involvement in the economic activities all over the world over the past few decades. For this both the government and non-government agencies have to play a vital role. Despite the efforts of governmental and non-governmental organizations, the women entrepreneurs are facing many problems. Today there is a greater awakening among women. If given the opportunity, they will deliver the results. It is therefore essential to encourage educated young women to entrepreneurial streams with financial, technical and scientific assistance. Hence, an integrated approach is necessary for making the movement of women entrepreneurship a success. Governmental and Non-governmental organizations should make more focused and directed efforts, and initiate specific programmes for women entrepreneurship development.