Discrimination in Credit Line Availability and Financing of Women

Discrimination in Credit Line Availability and Financing of Women Entrepreneurs in India

Financial institutions need to adopt a more inclusive approach to drive and accommodate women entrepreneurship in India.

India has consistently disappointed its women entrepreneurs. In a country where women are barred from entering the formal economy, entrepreneurship is the only viable way to create employment opportunities for women. The country needs to boost women’s participation in entrepreneurial activities, especially due to the sharp decline in women’s employment from epidemics - the participation of women in the urban labor force has declined to 7 per cent in 2021-22, according to recent figures focusing on the Indian economy.