Shaping Atmanirbhar Bharat (Self-Reliant India) through Atmanirbhar Nari (Self-Reliant Women): A Roadmap for Empowering Women-Led MSMEs through ICT, Financial Access, and Skill Development
1Department of Business Administration, School of Business and Commerce, Manipal University Jaipur, Jaipur, Rajasthan, India, India
2Electronics and Communication, Manipal University Jaipur, India
3Faculty of English, Kalasalingam Academy of Research and Education, Krishnankoil, Tamil Nadu, India, India
*Author to whom correspondence should be addressed:
E-mail: amit.rathi.example@university.edu (AR)
E-mail: amit.rathi.example@university.edu (AR)
Received: September 19, 2024 | Revised: February 03, 2025 | Accepted: April 01, 2025 | Published: June 2025
Abstract
Women entrepreneurs have emerged as a strong conduit of sustainable economic development, encompassing the power to help achieve United Nations Sustainable Development Goals (UN SDG) 5, which advocates for women's equality and empowerment. In recent years, this community has surged exponentially in the developing world, uplifting the economic and social status of women in society. India, the fastest-growing economy in the world and the abode of young talents has witnessed an increase in the number of women entrepreneurs, challenging the skewed female participation in the labor force, which abysmally stands at 23.6%. The honorable Indian Prime Minister, Shri Narendra Modi, has placed women entrepreneurs at the center stage to help achieve the aspirational dream of transforming India into an Atmanirbhar and Vikshit Bharat. Women MSMEs, if developed with equity and inclusion, have the potential to enhance India's gross domestic product (GDP) by USD 770 billion. Thus, the Indian government, policymakers, researchers, etc., in recent years have shifted the focus toward women entrepreneurs and have initiated different policies to build a conducive environment for women micro, small, and medium enterprises (MSMEs) to unfurl their latent power in the entrepreneurial turf. In this progressive journey amidst the dynamic, emerging technological, and innovative ecosystem, the three pillars of MSME, i.e., Information Communication and Technology (ICT), Skill Development, and Access to Finance, have been recognized as significant tools that can help women entrepreneurs unleash their full potential. Thus, the study attempts to explore how these three cornerstones of women MSMEs have evolved and shaped the entrepreneurial landscape of women in India.
Keywords
women entrepreneurs ; micro small and medium enterprises ; skill development ; access to finance ; information communication ; and technology
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