Page 64 - IMDR JOURNAL 2023-24

IMDR’s Journal of Management Development & Research 2023-24

that work to lower women's poverty usually rely on advocating for women's rights in addition to
rendering support to women. NGO intervention aids preserving these rights even if the majority of

Indian legislation advance and defend women's rights. NGOs can significantly contribute to the
improvement of ladies lives. The economic empowerment of women is a crucial component of such

good transformations, and own employment is a highly promising path in that direction. The following

are some ways that NGOs can contribute significantly to women's self-employment and empowerment:
training and skill development, capacity building, awareness and motivation, exposure, legal, financial,

and policy awareness, etc. 2020 (Edel Giving Foundation).
 Start Up: One of the programmes encouraging bank financing for start-up businesses that promotes

women to become entrepreneurs is being implemented in India. The Ministry of MSME claims that

India has one of the world's quickest startup ecosystems, making it the perfect place for women who
want to launch their own businesses. Our country is the most advantageous locations for women

entrepreneurs establish own company initiatives, according to a survey by the “Dell Women's Global
Entrepreneurship”, which questioned 450 women entrepreneurs in the United States of America, the

United Kingdom and India. The report also noted that, compared to similar enterprises in the United
States of America and the United Kingdom, predicted trends vary from fifty percent and twenty four

percent approximately, over the exact period, businesses owned by women entrepreneurs in India are

supposedly to increase by up to ninety percent.
 Cooperative Movements: By promoting individual empowerment and assisting in the overall process

of development, cooperatives work to strike a balance between the needs of the individual and the

community at large. By giving Indian women employment and options for revenue generation,
cooperatives have been significantly contributing to the improvement of their economic circumstances.

There are around 3,740 women's cooperatives in the nation, with a membership of one million. There
are 131 women's cooperatives with around 26,900 members in Gujarat alone (Edel Give Foundation,

2020).

Gender Gaps:

Inequalities between men and women in terms of economic involvement and opportunities are still

very high. G20 nations are working to promote women's entrepreneurship through financial aid, knowledge
production, and governance for supporting enterprise in an effort to close these gaps. A variety of government

initiatives, including the “Pradhan Mantri MUDRA Yojana” & the “Pradhan Mantri Jan Dhan Yojana”, have
been launched in India to encourage females to run their own businesses. In order to further the pursuit of

sustainable development goals, this article examines how these initiatives affect women's financial inclusion

in India. Under India's G20 presidency, which will start in December 2022, it makes suggestions for the
summit's top goals for enhancing women's financial inclusion and encouraging female entrepreneurship (