DAMODARAM SANJIVAYYA NATIONAL LAW UNIVERSITY

VISAKHAPATNAM, A.P., INDIA

ASSINGNMENT TITLE

WOMEN IN ECONOMIC DEVELOPMENT

SUBJECT

ECONOMICS

NAME OF THE FACULTY

ABHISHEK SINHA SIR

Name of the Candidate

Roll No. & Semester

B.S.D.N.L.RATNA SUPRIYA

2015018 & SEMESTER-2

 WOMEN IN ECONOMIC DEVELOPMENT

OPPURTUNITIES

AIM AND OBEJECT

Opportunities of women in different spheres of the economic development:

ANALYSIS

Investments to advance womens economic opportunity include:

Financial Inclusion: Support efforts to increase womens access to quality financial

services, such as credits, savings, insurance, and payment systems through better regulation,
technology, and financial literacy.
Women and Agriculture: Highlight womens vital role in advancing agricultural
development and food security, and encourage policy and programmatic support for female
farmers and agricultural businesses owned by women.
Enterprise Growth: Support NGOs, industry associations, and corporations advocating
for policy and programmatic solutions that enable womens economic participation, including
reforming discriminatory laws and practices that hinder access to capital, land tenure, and
inheritance rights, and encouraging a policy climate conducive to the growth of women-run
SMEs.
Technology Access: Close the gender gap in access to mobile phones, the Internet, and
other vital technologies by addressing cultural, financial, educational, and motivational barriers.
Capacity Building: Provide capacity building, training, and mentoring programs to
women and girls and equip them with market information, entrepreneurship opportunities, and
the necessary skills to attain economic independence, for example, through our Pathways to
Prosperity and African Women Entrepreneurs Program.
Business Leadership: Encourage best practices to increase womens representation in
senior management positions, including on corporate boards.
 Entrepreneurship: Business opportunities that are approaching for women
entrepreneurs are eco friendly technology, Bio-technology, IT enabled enterprises, event
management, tourist industry, Telecommunication, Plastic materials, Mineral water, Herbal &
health care, Food, fruits and vegetables processing.

Data Collection: Promote the collection and alignment of gender-sensitive data in the
economic sector to create evidence-based policy and programs aimed at increasing womens
economic participation across all sectors.
Women still face obstacles when trying to establish new businesses or expand existing ones.
Among the biggest hurdles are discriminatory laws, regulations and business conditions, as well
as womens lack of access to property rights, finance, training, technology, markets, mentors, and
networks.

The need of womens development arises from the subordinate position they have been accorded
for a long time.

Development of women needs to begin with her participation in different spheres of life.

In this different spheres education is a great determinant in this regard.

Where women's participation in the labor force grew fastest, the economy experienced
the largest reduction in poverty rates.
When women farmers can access the resources they need, their production increases,
making it less likely that their families are hungry and malnourished.
When women own property and earn money from it, they may have more bargaining
power at home. This in turn can help reduce their vulnerability to domestic violence and HIV
infection.

When women have access to time-saving technologies such as a foot-pedaled water

pump or a motorized scooter economic benefits can follow. ICRW research has found that
technology helps women increase their productivity as well as launch income-generating
pursuits and entrepreneurial ventures. Those kind of outcomes empower women to become
 stronger leaders and to more effectively contribute financially to their families, communities
and countries

OBSERVATIONS

Women have always been contributing to enable the economy achieve tremendous progress.

Women in rural India, despite suffering from the problems like health, malnutrition, repeated
child bearing and lack of education, engage themselves in direct and allied agricultural activities,
run small shops, sell by- products or handcraft products and thus generate additional income for
the family.

So, government of India study shows that more than 40% of rural women directly or indirectly
contribute to the uplift of their families and thereby bringing social change.

In urban India, the lowest strata, women despite the lack of education and facing problems like
shelter, have been the catering to social changes and economic development by contributing as a
substantial labour force in various industries like construction of residential and commercial
buildings, roads, water bodies, engaging in various domestic and community services.

Every now and then, we read newspapers that would be bride refuses to marry a particular
groom due to his demand for dowry or for the urge of higher education.

Women have the potential to change their own economic status, as well as that of the
communities and countries in which they live. Yet more often than not, womens economic
contributions go unrecognized, their work undervalued and their promise unnourished.

Unequal opportunities between women and men continue to hamper womens ability to lift them
from poverty and gain more options to improve their lives. Research shows that inequalities
persist in the way paid and unpaid work is divided between women and men; in the fact that
women remain the sole caregivers at home, and in their limited access to resources. What's
more, these imbalances slow economic growth.
By showing opportunities in many spheres women got developed and acquiring equal position to
men in some aspects.

Women were giving opportunities in participating in politics which leads to economic

development.

So, women in India are playing an important role in the countrys governance.

The presence of women in various decision making bodies helped develop confidence among
other women, opening up possibilities for future.

Women got opportunities and moved to participate further in all spheres of services financial,
administrative and judicial and education to name of few.

Empowerment initiates which resulted in socio economic development and income

generating activities. This, in turn, paved the way for sustainable development and
economic growth of the country.
The strategy for economic empowerment is
a) making the market work for women
b) empowerment women in the market

Supporting the economic empowerment of women is not just good company policy; it actually
benefits the company policy, it actually benefits the corporate world.

Firms that employ women in leadership positions have better performance and higher profits.

Womens economic empowerment that is, their capacity to bring about economic change for
themselves is increasingly viewed as the most important contributing factor to achieving
equality between women and men. But economically strengthening women who are half the
worlds workforce is not only a means by which to spur economic growth, but also a matter of
advancing women's human rights. When governments, businesses and communities invest in
women, and when they work to eliminate inequalities, developing countries are less likely to be
plagued by poverty. Entire nations can also better their chance of becoming stronger players in
the global marketplace.
CONCLUSION

India is a developing country and having mixed economy, male dominated society and women
are assumed to be economically as well as socially dependent on male members, but
simultaneously women entrepreneurs faced lots of problems like lack of education, social
barriers, legal formalities, high cost of production, male dominated society, limited managerial
ability, lack of self confidence, harassment and not fulfillment of rules and regulation etc.
Women have the potential and determination to setup, uphold and supervise their own enterprise
in a very systematic manner, appropriate support and encouragement from the society, family,
government can make these women a part of mainstream of national economy and they can
contribute to the economy progress of India.

It is important to note that critical role women have played in working together to forge
solidarity, and unity among themselves.

Together they have been able to lobby and influence the enactment of laws that protect and
promote the rights of women.

Women became a driving force of the socio economic development of the country after the
independence.

Vast networks of women groups such as NGOs associations and co operatives at grass roots
level have played a pivotal empowerment initiates which resulted in socio economic
development and income generating activities. This, in turn, paved the way for sustainable
development and economic growth of the country.

Some unmarried women entrepreneurs feel that they can face problems of availing finance from
the banks because of chances of possible change of their destination which arises after the
marriage. Entrepreneurs approaching State Finance Corporation only for machinery, mainly in
case of electronics, are not financed or discouraged. In order to achieve the objective of social
justice, it is necessary to harness the latest skills and potentials of women, especially the rural
women.

Now the scenario is fast changing with modernization, urbanization and development of
education and business. Thus, the opportunities of self-employment for rural women have
increased drastically. It is found that the percentage of unemployment among educated and
qualified women is increasing. Thus, it is necessary to increase the opportunity of self
employment for educated un-employed women through the development of rural
entrepreneurship. It should be stated here that the self-employed entrepreneur creates not only
her employment but also creates employment opportunities to other rural people.