MSME Impact Towards Empowerment of Women Entrepreneur

Women constitute almost half of the world's population. Over 50% of people globally, including those in India, are women. Nonetheless, women are believed to contribute less to the country's economic expansion than do males. The traditional perspective that views women as housewives The primary obstacle preventing women in this country from actively participating in economic activities is that their male counterparts are responsible for providing for the household. But in recent decades, women have played a bigger role in the country's economic development. Historically, women have been assigned less important roles and responsibilities while men have held prominent positions in society. Women's entrepreneurship has been acknowledged as a major untapped source of economic growth over the last 10 years. As stated in the Government of India's Annual Report 2020–21, Ministries of MSMEs, the With an estimated 630.52 lakh businesses, the micro sector employs 1076.19 lakh people, or nearly 97% of all jobs in the industry. Out of the total number of workers in the MSME sector, 1.75 lakh (0.16%) are employed in the medium sector and 31.95 lakh (2.88%) work in the small sector, which employs 3.31 lakh individuals. It also estimates that 844.68 (76%) of the 1109.89 lakh workers in the MSME sector are men and the remaining 264.92 lakh (24%) are women. This study examines about the MSME impact towards empowering the women entrepreneur.