The government of India is the sole entity behind making all policies can play a bigger and prominent role to boost up women entrepreneurship in India. The steps taken by it will have bigger and widespread effects as the policies will be applicable to each and every region with the nation’s boundary. Here are few steps which the government can implement to for women entrepreneurs in India:
Flexible Loan– Though a lot has already been done in this direction, still, we have a lot of unexplored areas. Loans options with minimal documentation, very liberal procedure, and disbursement and a lower interest rate can help women in a very prominent way. Specialized banks and Financial Institution should be established catering particularly to this issue.
Skills Centers at Ground Level– Money cannot be multiplied itself unless you know how to use it and you have a skill that can make your brand and product marketable. Working in this direction calls for skill center to be established at the very basic level to create and polish skills of women in India, this will bring fineness and quality in their work, which will make it marketable and will fetch them good returns.
Special Status– SEZs like the model can be replicated in this case where women entrepreneurs are given some advantages over general businesses to help them survive and grow in the early struggling period.