Thursday, March 23, 2023

Women entrepreneurship important for economic growth: Ruchi Narendran  


Jamshedpur, Nov. 22: Celebrating Global Entrepreneurship Week, Young Indians (Yi), Jharkhand chapter, organized a ‘Dialogue on Women Entrepreneurship’ at SNTI on Sunday.

A press communiqué issued by the organizer read, “Narrowing the gender gap in employment will increase global income per person by as much as 20% by 2030. But the benefits go beyond the bottom line.

Women business leaders inspire other women to pursue their dreams. Women entrepreneurs create new jobs for themselves and others and also provide society with different solutions to management, organisation and business problems.”

Chief guest Ruchi Narendran, said, “Women entrepreneurship has been recognised as an important source of economic growth.

Women entrepreneurs see the world through a different lens and, in turn, do things differently. However, they still represent a minority of all entrepreneurs.

Women entrepreneurs often face gender-based barriers to starting and growing their businesses, like discriminatory property, matrimonial and inheritance laws and/or cultural practices; lack of access to formal finance mechanisms; limited mobility and access to information and networks.”

Vishal Aggarwalla , chairman Yi, Jharkhand chapter, introduced some major project of the Young Indians (Yi) saying, “Women’s entrepreneurship can make a particularly strong contribution to the economic well-being of the family and communities, poverty reduction and women’s empowerment, thus contributing to the overall development of the nation. Thus, investing in women is not only the right thing to do but also the smart thing to do.”

Dr. (Capt.) Chandrashekhar Madhusudan Chitale, professor at Pune University, spoke on the male dominated society that has always been reluctant to even acknowledge the fact that women are as good as men on parameters of hard work, IQ, and leadership traits.

He said, “Though female private enterprises and the formation of women business networks are steadily rising, there are a number of challenges and obstacles that female entrepreneurs face. One major challenge that many women entrepreneurs face is the traditional gender-roles society may still have on women.”

Sonia Topiwala , CEO, Fairtrade Agencies, mentioned, “The new generation women across the world have overcome all negative notions and proved themselves beyond doubt in all spheres of life including the most intricate and cumbersome world of entrepreneurship.”

Manjari Sharma, director, D’asign Source, in conversation with the panel, highlighted how women entrepreneurs are key players in any developing country in terms of their contribution to economic development. Agreeing with her views, Tapas Sahu, Co-Chair, Yi Jharkhand Chapter, said, “The development of any nation can only be measured by the welfare of the women in that nation.”

Guest of Honour Varsha Dagga praised the efforts of Yi Jharkhand Chapter and said, “With the advent of loads of opportunities, women entrepreneurs have to be ready to take-on multifarious responsibilities and challenges ahead.

It is our sheer determination, focus, confidence and knowledge put together that can reap results, which will ultimately benefit our families, children and society at the large.”

Also present were a number of eminent women entrepreneurs of the steel city. Yi is officially one of the lead players of the Global Entrepreneurship Week in India for this year.

Global Entrepreneurship Week (GEW), which falls between November 16 and 22 this year, is the world’s largest celebration of innovators and job creators who launch startups that bring ideas to life, drive economic growth and expand human welfare. 

During one week each November, GEW inspires people everywhere through local, national and global activities designed to help them explore their potential as self-starters and innovators.

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