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This book offers a critical perspective on the issues related to
women's empowerment, microfinance, and entrepreneurship in India.
Written by distinguishing experts in this field, this book
highlights women's empowerment, which is a process of entrusting
power to an individual on the control over resources and decisions.
However, these two factors are less effective in a society where
religion and cultural dominance is high. The book sheds light on
the social security measures undertaken by the government aiming to
the right to work helped women who are bounded by social
restrictions. Over time there is a shift in rural occupational
structure towards non-farm activities, which is largely distress
driven self-employment. Access to credit is a great source to
provide self-employment that develops self-esteem among women and
uplift their position. The book highlights the discrimination
against women entrepreneurs in access to credit led to gender
biased entrepreneurial society. Association with self-help groups
(SHGs) has made women more socially empowered. SHG members help
them to change their life in a positive manner through
micro-entrepreneurial activities. The book has emphasized on the
role of microfinance, which has served the poor to become
financially self-reliant. It is observed that for second generation
borrowers, the impact of microfinance seems to fizzle out, where
MFIs who are gaining efficiency are diverting their objective of
servicing poor, signalling a sign of mission drift.
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