The process of change in the attitude of the society towards women entrepreneurs has been gradual in India, which made it challenging for women to find success, said Union Minister of State for Human Resource Development (HRD) Dr. Daggubati Purandeswari here on Sunday.
At the concluding day of the Confederation of Women Entrepreneurs (COWE) Trade Carnival 2011, the Union Minister said that it took a lot of time for Indian women to come out of the patriarchal society, endure socio-cultural barriers and overcome historical baggage to become successful entrepreneurs.
She pointed out that women entrepreneurs were still finding it tough to secure financial backing from banks for independent ventures.
“We are among the fastest growing nation in the world. I feel that no nation can develop unless women are given adequate opportunities. There is a need for change in perception among financial institutions because women are better and more committed in paying back loans,” she said.