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Indian Businesswomen By State Or Union Territory

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Last Updated: 02 July 2021

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India has traditionally been a patriarchal society with low participation of women in the economy. But the fact remains that women represent nearly 50 percent of the total population, and it is crucial to encourage women's role in the economy at every level. At present, women's entrepreneurial role is limited in large scale industries and technology based businesses. But even in small scale industries, women's participation is very low. As per third all-India census of Small Scale Industries, only 10. 11 % of micro and small enterprises were owned by women, and only 9. 46 % of them were managed by women. The following are three key strategies that can help to foster Women Entrepreneurship in India: promoting women entrepreneurs in micro enterprises increasingly large number of women in India are engaged in informal economy and operating in small scale sector, cottage industries, and micro enterprises. With proper governmental and societal support, these women can create sustainable, organized and growth-orient enterprises with vision. Institutional and policy base support government policies and regulations regarding business and industry can be formulated with intent to encourage women entrepreneurs. The first part of the approach must be to review the existing regulatory framework, and make necessary modifications. The second part should be to take vital steps to reduce administrative hurdles, especially for women entrepreneurs. The third part must be to include easy and subsidized financing for women's entrepreneurial projects. Directing Women entrepreneurs into high growth areas Another key part of strategy must be to facilitate entry of women entrepreneurs into areas where high growth is expect. Special incentives, tax rebates, duty cuts and subsidized land and machinery can be provided to encourage women in emerging sectors. Special recognitions and awards can be instituted for women participating in such targeted industries. The Government of India launched a scheme called Trade relate Entrepreneurship Assistance and Development Scheme for Women during 11 five-year plan. This Scheme envisioned economic empowerment of women through development of their entrepreneurial skills in non-agricultural activities. Higher education incentives for women from rural regions, advance training programs for development of management skills among women, and setting up of polytechnics and industrial institutes for women are key thrust areas to strengthen women's entrepreneurial talent through education and training. Counselling in Entrepreneurship through Women orient NGOs, cheap micro financing and bank support for new business projects launched by women entrepreneurs, and private infrastructural support such as priority land allotment and administrative approvals can also promote the cause of women entrepreneurs substantially. The private sector can also contribute in its own way to women's entrepreneurial participation in the economy. Leading example is the setting up of TiE Stree Shakti with support from a premier group of NRI investors and Indian entrepreneurs in 2009. This organization is reaching out to women who run micro, medium, and large-Scale enterprises across manufacturing, services and social sectors. It is pan-India endeavour to recognize, award, and empower women entrepreneurs from different backgrounds.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Changing times

In August 2019, amid much controversy, government of India significantly changed the administrative status of the erstwhile State of Jammu and Kashmir through the hard-hitting and broadly-reaching Jammu and Kashmir Reorganization Act. Key reforms include separation of the region of Ladakh and making it a separate union territory. At the same time, administrative status of Jammu and Kashmir itself was reduced from State to union territory. What does this change of status mean in practice? India is a federation and states are its building blocks. Each State has an elected assembly and government with significant competencies, such as control over law and order, administration, construction of intrastate infrastructure, managing State agriculture and industries, responsibility to levy various taxes, and much more. Chief ministers of larger Indian states, some of which are comparable in size and territory to independent countries, have considerable finances at hand and informal capabilities to raise even more resources, raising the possibility to use the police for their political ends and the ability to steer through important legal reforms. Few union territories, by comparison, are governed directly by Unionthat is by central government. They are usually small-although two NEW ones will be exceptions to this-and have considerably less power in their administrative setup. UTs are administered by the president of India through officials appointed by him: lieutenant governors. The Presidents of India does not have any independent political power, however. The governance method is indirect, through various pairs of gloves: Party / parties ruling at central and state level elect president, who in turn appoints lieutenant governors to UTs. In practice, this means that union territories follow central governments will. It must be added that Jammu and Kashmir was also a special case among Indian states, as it had special autonomous status in many regards, which, however, has now been done away with at the same time that region was reduced to union territory. Thus, with NEW reforms, Ladakh has been granted more autonomy than it had before, while Jammu and Kashmir lost lot of its own autonomy. There are few shades in the spectrum of regional power in India, however. Among union territories, Puducherry is an exception to the above rules: it is a union territory with an elected assembly. Another special case is DELHI, which is special territory in a category of its own, between UT and State. The current status of Jammu and Kashmir cannot be easily categorized either, as its autonomy will now be broader than that of regular UT, but more narrow than that of a State. While pushing through NEW reform, Indian government announced that Ladakh will be UT without assembly while Jammu and Kashmir will be union territory with assembly.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Rewriting the rules

People can watch what they want, where they want and by themselves on their personal devices, says Dinkar Ayilavarapu, partner at AT Bain & Co. And head of technology, media and telecommunications. That now allows streaming platforms to cater to niches, he say. At the same time, in market like India, women are limited by their purchasing power because those who can pay for streaming service form minuscule percentage, say Tejaswini Ganti, associate professor of anthropology AT New York University. On streaming platforms, producers with prospects of less financial risk and more creative freedom are experimenting, says Ganti, author of Producing Bollywood: Inside Contemporary Hindi Film Industry. For instance, Amazon Prime popular series Four More Shots Please! Address largely taboo issues such as female sexuality and homosexuality. The show, first of its kind in India, features casual sex, gay sex and sex in open marriage-stark contrast to Bollywood films of yore. It opens up the storytellers world, says Anvita Dutt, writer and director of Netflixs Bulbbul, film about a female vigilante who is mistaken for a witch. Someone in Spain could be watching my film.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Sources

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

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