How an increase in women-owned businesses can generate over 150 million jobs

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How an increase in women-owned businesses can generate over 150 million jobs - Economic Times

Quick Summary:

UGRO Capital’s report reveals that addressing challenges like limited access to finance, lack of formal training and societal biases can play a big role in accelerating the number of women entrepreneurs in India’s MSME sector.

Focused support and policy interventions are crucial to fully realise women's potential in contributing to the economy.“Developing a more inclusive entrepreneurial landscape will require addressing these challenges and providing the necessary resources and support for women entrepreneurs to thrive.

The report reveals that more than 95% of all MSMEs are in the micro sector.“Most women-owned enterprises in India are single-person micro-enterprises.