Unleashing Women Entrepreneurs: Break Barriers, Build Bridges

A new report by the Observer Research Foundation stresses the need for comprehensive policy reforms to enable women's equal participation in the marketplace. It highlights gaps in urban planning, licensing, and institutional access, urging governance changes to foster women-led enterprises across various sectors.

Unleashing Women Entrepreneurs: Break Barriers, Build Bridges
Women-led businesses need better regulatory support, 3% GeM quota : ORF (Photo-ORF) . Image Credit: ANI
  • Country:
  • India

A groundbreaking report by the Observer Research Foundation has ignited discussions on the essential policy interventions needed to foster women's equal participation in the marketplace. The report critiques existing frameworks that enhance visibility but fall short in addressing deep-rooted structural, spatial, and institutional barriers limiting women's economic engagement.

The comprehensive study advocates for governance and procurement reforms that emphasize not just participation but co-governance of marketplaces by women. It argues that policies must envision spatial justice and structural transformation, focusing beyond registration and credit metrics. The report underscores the necessity of enforcing the 3% Government e-Marketplace procurement quota for women entrepreneurs beyond low-margin sectors.

By simplifying bid criteria and assessing the impact of financial support, the report suggests post-disbursal reporting frameworks. Establishing Vendor Support Cells at the ward level to facilitate digital training, documentation, and tax literacy is also recommended. It stresses reforming urban licensing and zoning laws to benefit women-led enterprises and calls for recognizing enterprises in non-commercial zones while simplifying licensing processes.

Highlighting a need for institutional representation, the report urges mandatory inclusion of women in various market and licensing committees. Dedicated Market Women's Cells are proposed to help address grievances at the city level. The report underscores integrating digital and physical business platforms, recommending labor protections and social security extensions. The inclusion of care work and unpaid labor in policy design is seen as essential for crafting a sustainable entrepreneurial ecosystem.

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