An analysis of women entrepreneur empowerment on SMEs and its economic sustainability in India: special reference to Ranchi City in Jharkhand

The entrepreneurship development process for women now plays a crucial role in India in the current economic development scenario in India. It is rapidly rapid and recognised as a significant untapped source of the nation’s sustainable economic growth. Empowering women leaders build new jobs for themselves and others, but by being different, they often provide society with different economic challenges and managerial strategies, as they contribute to organisational and business issues. Via a new eye, women entrepreneurs view the world and do it differently in exchange. According to the book by the greatest economist and social reformer Prof. Daniel Pink, he claims that a whole new mind argues that the most important development markets would now be in the domains of elegance, empathy, peace, and other artistic and quality of life qualities in the twenty-first century. He claims that this transition would be dictated by women’s entrepreneurship growth by Asia, Globalization and Prosperity. The future of the nation is quickly expected, in which the left brain, intellectual brain, and the right brain, intuitive and holistic, are far more respected than in the past, especially when used together. The future is likely to be more favourable for women entrepreneurs in Indian economic growth and its survival to a larger degree. While we understand that a female entrepreneur’s path is filled with tremendous obstacles, the biggest one of them is the availability of funding at various stages of the company’s development cycle. We would really like to discuss both the demand and the supply side of this problem. This study aims to raise awareness of women’s enterprises’ contribution to the country’s economic growth and its survival in India through SMEs, as well as the need to establish a thriving entrepreneurship environment for women entrepreneurs. In order to study women’s empowerment through their entrepreneurial and economic sustainability in Indian economic growth and its current context, this analysis is mainly focused on comprehensive secondary research and perspectives drawn from their own observation of the capital city of Jharkhand named Ranchi City.