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What are the major problems faced by women entrepreneurs in India?
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1. The greatest deterrent to women entrepreneurs is that they are women. Indian society is patriarchal and Indian women are traditionally considered to be homemakers and not 'businesswomen.'
2. The financial institutions are skeptical about the entrepreneurial abilities of women. Banks and other financial institutions are reluctant to lend money to women entrpreneurs and they stipulate many conditions before they lend money to them.
3.Consequently women entrepreneurs are handicapped by inadequate financial resources and working capital.
4.Another argument against them is that they have low-level management skills.
5.Women are less mobile than men. The confidence to travel day and night and to different regions and states is lacking in women when compared to male entrepreneurs.
6. The overall iteracy rate of women in India is low when compared to the literacy rate of the Indian male population.
7. Low-level education results in low-level self-confidence and self-reliance of the women folk to engage in business activities.
8.They lack encouragement and motivation from others. Men infact discourage them and are jealous of their success in business.
9.Finally high production cost of some business operations adversely affects the development of women entrepreneurs.
10. Most importantly their domestic duties are always a hindrance to their success in business enterprises.
Posted by lit24 on December 30, 2008 at 10:12 PM (Answer #1)
Women entrepreneurs face a series of problems right from the beginning till the the enterprise functions. Besides the above basic problems the other problems faced by women entrepreneurs are as follows:
1. Family ties:
2. Male dominated society:
3. Lack of education:
4. Social barriers:
5. Shortage of raw materials:
6. Problem of finance:
7. Tough competition:
8. High cost of production:
9.Low risk-bearing capacity:
10 Limited mobility:
11. Lack of entrepreneurial aptitude:
12. Limited managerial ability:
13. Legal formalities:
14. Exploitation by middle men:
15. Lack of self confidence:
Posted by swadhin on April 25, 2011 at 3:08 PM (Answer #2)
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