Economic growth and revitalization of nation are propelled best by
'Entrepreneurs'. Small business and entrepreneurship in India are the
prime-force in generating productive employment and ensuring a more
equitable distribution of income in the process of economic development
of the country. It facilitates effective mobilization of resources like
capital and skills and helps to reduce poverty and unemployment.
Entrepreneurs rationally combine the forces of production into a new
production organization, "Schumpeter states that entrepreneurial
behaviour covers the introduction of a new good, a new method of
production, new market, a new source of supply of raw materials or half
manufactured goods and a new organization of any industry for certain of
a monopoly position or breaking it". To empower women and attain
economic independence, development of women entrepreneurship becomes
essential. Gainful employment has been viewed as a critical entry point
for women's participation in income generating activities is believed to
increase their status and decision making power. With employment, women
do not remain as objects of social change but become agents of it.