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Kashmir, a region known for its breathtaking natural beauty and rich cultural heritage, has faced numerous challenges in recent years. The region’s economy has been impacted by political instability, conflict, and social unrest, leading to a decline in economic growth and development. However, amidst these challenges, a new trend is emerging – the rise of female entrepreneurs in Kashmir.
Women in Kashmir are breaking free from traditional gender roles and stereotypes, and are increasingly taking on leadership roles in business and entrepreneurship. This shift is not only empowering women but also contributing to the economic growth and development of the region.
In this article, we will explore the rise of female entrepreneurs in Kashmir, the challenges they face, and the impact they are having on the region’s economy and society.
The Rise of Female Entrepreneurs in Kashmir
In recent years, there has been a significant increase in the number of female entrepreneurs in Kashmir. According to a report by the Kashmir Chamber of Commerce and Industry, the number of women-owned businesses in the region has increased by 20% in the past five years.
Women in Kashmir are venturing into various sectors, including textiles, handicrafts, food processing, and tourism. They are setting up their own businesses, creating jobs, and contributing to the region’s economy.
One such entrepreneur is Saba Khan, who started her own textile business in Srinagar. Saba’s business, which specialises in traditional Kashmiri embroidery, has not only provided her with a source of income but also created jobs for several other women in the region.
“I always wanted to start my own business, but I didn’t have the confidence,” Saba said. “But with the support of my family and friends, I was able to take the leap and start my own business. It’s been a challenging journey, but it’s also been incredibly rewarding.”
Challenges Faced by Female Entrepreneurs in Kashmir
Despite the rise of female entrepreneurs in Kashmir, women in the region still face numerous challenges. One of the biggest challenges is the lack of access to finance and credit.
“Getting a loan from a bank is a major challenge for women entrepreneurs in Kashmir,” said Dr. Hina Shafi Bhat, a leading entrepreneur and businesswoman in the region. “Banks often require collateral, which many women don’t have. This makes it difficult for them to access the finance they need to start or grow their businesses.”
Another challenge faced by female entrepreneurs in Kashmir is the lack of infrastructure and resources. The region’s infrastructure is still developing, and many women lack access to basic amenities such as electricity, water, and transportation.
“Infrastructure is a major challenge for women entrepreneurs in Kashmir,” said Saba Khan. “We often have to rely on generators for electricity, and transportation can be a major issue. But despite these challenges, we are determined to succeed.”
Impact of Female Entrepreneurs on Kashmir’s Economy and Society
The rise of female entrepreneurs in Kashmir is having a significant impact on the region’s economy and society. Women-owned businesses are creating jobs, generating income, and contributing to the region’s GDP.
According to a report by the World Bank, women-owned businesses in Kashmir are more likely to hire women, which is helping to increase female participation in the workforce. This, in turn, is helping to reduce poverty and improve living standards in the region.
Female entrepreneurs in Kashmir are also helping to promote the region’s culture and heritage. Many women-owned businesses in the region specialise in traditional crafts and textiles, which are helping to preserve Kashmir’s rich cultural heritage.
“Women entrepreneurs in Kashmir are not only contributing to the region’s economy, but they are also helping to promote our culture and heritage,” said Dr. Hina Shafi Bhat. “They are helping to preserve our traditional crafts and textiles, which are an important part of our identity.”
Conclusion
The rise of female entrepreneurs in Kashmir is a positive trend that is empowering women and contributing to the region’s economy and society. Despite the challenges they face, women in Kashmir are determined to succeed and are making a significant impact on the region.
As the region continues to develop and grow, it is essential that women are given the support and resources they need to succeed. This includes access to finance, infrastructure, and training, as well as policies and programs that promote women’s entrepreneurship and empowerment.
By empowering women and promoting entrepreneurship, we can help to create a more prosperous and equitable society in Kashmir. As Saba Khan said, “When women are empowered, the entire community benefits. We are not just entrepreneurs, we are change-makers.”
Writer:- Imran Kashmiri
Member of Kashmir writers Association
