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Karnataka gets award for empowering women entrepreneurs

By Newsd
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Source: Deccan Chronicle

Women empowerment is a need for a healthy society. In view of this, the government of Karnataka has taken effective measures to develop a healthy ecosystem dedicated to advance women entrepreneurship. By sustaining this culture, the women entrepreneurs in Karnataka have received an ideal platform which now invites global investments for women to set up their own enterprises.

As a global recognition of their achievements in promoting women entrepreneurs, Karnataka becomes the first state to receive an award for the most supportive state for women entrepreneurship & empowerment. IAS officer and presently the Additional Chief Secretary, Govt of Karnataka Ratna Prabha tweeted early on Friday morning expressing her happiness in receiving this honour for the state.

In her tweets, she also thanked the women entrepreneurs of Karnataka who made Karnataka worth the award.

Karnataka ranks third in the nation for women entrepreneurial activity and is home to 103,169 Women Business Enterprises. The total investment of women-owned enterprises totalled $ 404 million in 2012-13 and they employ 0.46 million persons signifying the economic impact of women-owned enterprises. The fourth Medium, Small and Micro Enterprises (MSME) census, the four States — Karnataka, Kerala, Tamil Nadu and West Bengal — put together have 51.9 percent of the country’s women-owned business indicating that South India and especially Karnataka has an excellent ecosystem for women entrepreneurs.

Karnataka Government has taken further policy decisions that support women enterprises like the New Industrial Policy 2014-19. This aims to encourage women entrepreneurs and “….give a special thrust to women entrepreneurship and to improve the contribution of women entrepreneurs and facilitate the creation of more women enterprises in the state in the next five years.”





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