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Asian Journal of Research in Business Economics and Management
Year : 2017, Volume : 7, Issue : 6
First page : ( 92) Last page : ( 103)
Online ISSN : 2249-7307.
Article DOI : 10.5958/2249-7307.2017.00072.X

Cultural Impact on Women Entrepreneurship in India and It's Effect on GDP Contribution and Growth

Bharathi S. Manju*, Kaveeswarar S. Arul**

*Assistant Professor, Bishop Heber College, Trichy, India. manjubharathi92@gmail.com

**Assistant Professor, St. Joseph's College, Trichy, India. arulkaveeswarar@yahoo.com

Online published on 15 June, 2017.

Abstract

India is the 6th largest economy in the world (by nominal GDP) and is the world's fastest growing major economy this day. But in the contrary on demography relating to male to female ratios in relation with GDP contribution, the latter is still low. Not only is the female contribution to GDP low at the rate of 17%, but painfully lower than half the global average of 37%. The participation of Indian women in business and work has been restricted by several factors with culture playing an immense part. The cultural norms and patriarchy in India has hindered the growth and livelihood of millions of women. Despite India having been a great hub for female foeticide, Indian women have continued to strive and thrive in their respected fields. However, the concern is the male to female sex ratio and their contribution to GDP. This paper will analyse the cultural factors affecting women entrepreneurship in conjunction with sex ratio to GDP contribution.

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Keywords

Indian Women, Entrepreneurship, Culture, Sex Ratio, GDP Contribution.

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