The Government of India has introduced various initiatives to promote gender equality in the workplace and support women entrepreneurs. These efforts aim to create a safe, secure, and non-discriminatory environment for women employees while also encouraging women-owned businesses. Through legislative actions and diverse programs, the government strives to provide women with equal opportunities for career advancement, business growth, and social security.
The Companies Act, 2013, which is administered by the Ministry of Corporate Affairs, includes provisions aimed at ensuring gender equality in corporate India. A significant provision in the Act requires that listed companies and other public companies with a paid-up share capital of Rs. 100 crore or more, or a turnover of Rs. 300 crore or more, must have at least one woman director on their boards. This stipulation is detailed in Section 149 of the Companies Act and is further supported by Rule 3 of the Companies (Appointment and Qualification of Directors) Rules, 2014.
In addition, companies must include a statement in their Board Report, which is attached to the annual financial statement, confirming compliance with the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. This ensures that companies have a mandatory Internal Complaints Committee (ICC) to address any grievances related to workplace harassment.
Government Schemes Supporting Women Entrepreneurs
The Government of India has introduced a variety of schemes aimed at empowering women entrepreneurs by offering financial support, training, and capacity building.
- Credit Guarantee Scheme for Micro and Small Enterprises (CGS)
- Prime Minister Employment Generation Programme (PMEGP)
- Stand-Up India Scheme (SUI)
- Yashasvini Initiative
- Legislative Provisions for Women’s Protection and Welfare
- Maternity Benefits and Workplace Equality
- Supporting Working Mothers
