Journal Press India^®

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Entrepreneurship has a significant impact on both social transformation and economic development. With only 3 percent of the labour force having some type of vocational training, India is lagging behind in the development of businesses and skills. India has a vast network of schools for technical and professional education, but there are not enough people with the requisite entrepreneurial abilities. The development and training of entrepreneurialism is thus one of the crucial elements for the growth of micro and small businesses (MSEs), particularly for first-generation entrepreneurs. The national skill development policy intends to encourage ownership of skill development efforts by all stakeholders, build a highly trained workforce, and foster entrepreneurship responsive to the changing demands of the labour market. Additionally, it aspires to give everyone the chance to learn new skills throughout their lives, with an emphasis on young people, women, and underprivileged groups. The policy has broadened the scope of skill development and entrepreneurship growth by utilising the current educational infrastructure and increasing the number of institutions offering skill training and vocational education. Together with providing training and vocational education,the Indian government has also started a number of initiatives, projects, and programmes to encourage entrepreneurship among young people, women, and underprivileged groups. The present article discusses the policy perspective and governmental initiatives for the expansion of women's entrepreneurship in India. The present paper is based mainly on secondary data and relevant literature.

Keywords

Women Entrepreneurs, Government Policy and Schemes, Entrepreneurship development

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