Abstract
Increasingly, women worldwide are starting and running profitable companies because of advancements in educational fields, employment prospects, and economic opportunities. This will transform the standing of women in those cultures and have a positive impact on the financial systems of nations where enterprises are run by women. Nowadays, we have reached a stronger place where the inclusion of women in business is growing rapidly, and there are initiatives underway on a global and national scale to increase community representation in manufacturing enterprises. This is primarily due to a shift in mind – set, a shift away from a traditional mind frame in culture to one that is more contemporary, the courage and risktaking skills of women, the encouragement and collaboration of the community, modifications and mediation in government actions, and the provision of numerous youth empowerment programs to women entrepreneurs. When the new century gets underway, it seems that this will be the age of the businessman in principle and of the female entrepreneur. The study considered 313 women from rural and urban areas of the country to explore different factors that determine the features of government credit schemes in supporting women entrepreneurs in India. It concludes that all factors such as affordability and support, concessions and subsidies, accessibility and loan repayment, and interest on preferences for government credit schemes.
Keywords: Women entrepreneurs, government schemes, loans, microcredit, financial institutions, MSME.