ENA MSME 2024-03-01 14:28:50 <p><span style="font-size:14px"><strong>New Delhi, Mar 1 (KNN)</strong> In India, women-owned Micro, Small, and Medium Enterprises (MSMEs) are making strides, constituting 20.5 per cent of registered businesses.</span></p> <p><span style="font-size:14px">However, while their presence is significant, there is untapped potential for greater economic impact.</span></p> <p><span style="font-size:14px">Recent data from the Udyam Registration Portal revealed in Rajya Sabha insights into the landscape of women-owned MSMEs.</span></p> <p><span style="font-size:14px">Maharashtra, Tamil Nadu, Uttar Pradesh, and Karnataka emerge as frontrunners, hosting the highest number of such enterprises.</span></p> <p><span style="font-size:14px">This concentration underscores regional disparities and points towards opportunities for targeted interventions.</span></p> <p><span style="font-size:14px">Interestingly, while Maharashtra leads in sheer numbers, Tamil Nadu stands out for its higher employment contribution, suggesting a potential efficiency in job creation within its women-owned MSMEs.</span></p> <p><span style="font-size:14px">Delving deeper, informal Micro Enterprises (IMEs) registered through the Udyam Assist Platform reveal an even more pronounced presence of women entrepreneurs, constituting a significant 70.49 per cent.</span></p> <p><span style="font-size:14px">Notably, their role in employment generation is equally striking, accounting for 70.84 per cent of jobs created in this sector.</span></p> <p><span style="font-size:14px">These statistics shed light on the pivotal role played by women entrepreneurs in driving economic activity, particularly in the informal sector.</span></p> <p><span style="font-size:14px">Yet, they also highlight persistent challenges, including limited access to finance, markets, networks, and skill development opportunities.</span></p> <p><span style="font-size:14px">To unlock the full potential of women-owned MSMEs and IMEs, targeted support and empowerment measures are imperative.</span></p> <p><span style="font-size:14px">Policymakers and stakeholders must prioritise initiatives aimed at addressing these barriers and fostering an enabling environment for women entrepreneurs.</span></p> <p><span style="font-size:14px">By harnessing the innovative spirit and resilience of women entrepreneurs, India can not only boost economic growth but also foster a more inclusive and equitable society.</span></p> <p><span style="font-size:14px">The time to act is now, to ensure that no woman is left behind in the journey towards a thriving MSME ecosystem.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 36897 https://knnindia.co.in/news/newsdetails/msme/number-of-women-led-registered-msmes-in-india-double-to-205 2024-03-01 14:28:50 knnindia.co.in