FEMALE ENTREPRENEURS - LAWS AND SCHEMES - Infano Women's Health | Lifestyle

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In the past few decades, entrepreneurship has gained popularity. As we witnessed the year 2020, it goes without saying that a lot of entrepreneurs emerged at that point in time. The past decade also witnessed a spike in female entrepreneurship.

Females in more numbers knowingly began to opt for entrepreneurship as their career choice. While the roadway didn’t look easier but stable laws and policies helped them pave their ways. With the help of different government schemes, now females can jump into the pool of entrepreneurship and take that opportunity.

To inspire our female audience to take up entrepreneurship as their career option and let them know what are the entrepreneurship schemes and laws in their favor, we have compiled a list. Read on to know about the laws that you must understand if you are a female entrepreneur.

Equal remuneration: This looks like a basic right but trusts me, it wasn’t the case before. Yes, the law abides a company to pay males and females equally for an equal amount of work. This means, whether you are offering a job or doing it, one cannot deny equal pay based on the fact that you are a woman.

Sexual harassment at work: in 1997, guidelines to be followed at the workplace were laid down. Before that, an anti-sexual harassment law was a far fetched thought. Post those guidelines, an act was passed which defined what sexual harassment is and the respective punishment for that offense.

Annapurna Scheme: In this, the government finances women to establish a food Catering Unit for selling tiffin/food/lunch packs, etc offering a loan of up to Rs.50,000. The rate of interest varies, depending upon the market and the bank. However, one guarantor is required to avail of this scheme.

Stree Shakti Package: Launched by Oriental Bank of Commerce, the scheme provides capital for women for starting small businesses. Who is eligible for this loan? Women with 51% share in the business are eligible for the loan. One must note that this loan does not require any collateral.

Dena Shakti Scheme: The provider of this scheme is Dena bank and it is given to those women entrepreneurs in the fields of Agriculture & allied activities, Retail Trade, Micro Credit, Education, Housing, and retail & small business enterprises. Also, there is a concession of 0.25 % on a rate of interest.

TREAD: With the aim of empowering women economically the scheme helps in providing credit, training, development, and counseling as well. Some amount is also granted by the government.

By taking the advantage of these schemes, women who wish to begin their small or medium-sized businesses can come ahead and begin without any hindrance. Apart front his, there are many private banks that offer loans to the female owners of small businesses.

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World Space Week is celebrated in more than 95 nations across the world and is officially defined as “an international celebration of science and technology, and their contribution to the betterment of the human condition”.

India has witnessed some of the greatest women leaders who proved their calibre and expertise in the field of technology and space. Thinking of space, the first name that ever strikes most of the desi netizens’ mind is Kalpana Chawla, the first woman of Indian origin to go into space.

But did you know that Valentina Tereshkova was the first and youngest woman to go into space? The Soviet cosmonaut, upon her return, was given the title ‘Hero of the Soviet Union’.

The second woman who had flown to space was also a cosmonaut, Svetlana Savitskaya, who was the first woman who flew to space twice. She was also the first woman to do a spacewalk.

But we often tend to forget about these women and several other female pioneers who became potentates in this field.

This World Space Week, here’s a quick brief about the women who were first in space from other countries.

Claudie Haigneré

She is the first French woman to go into space. She is a doctor, politician and a former astronaut with the Centre National d’Études Spatiales and the European Space Agency.

She commanded a Soyuz capsule during reentry in 1999 and became the first woman qualified to do so. She is also the first woman who visited the International Space Station.

Samantha Cristoforetti

She is the first Italian woman to go into space. She graduated in Aeronautics Sciences, became one of the first women to be a lieutenant and fighter pilot in the Italian Air Force. She is the second Space Camp alumnus in orbit and an astronaut with European Space Agency.

She holds the record for the longest uninterrupted spaceflight by a European astronaut, and she held the record for the longest single space flight by a woman until June 2017.

Helen Patricia Sharman

She is the first British to go into space. She was a former research and development technologist for GEC, London and worked as a chemist for Mars dealing with flavourant properties of chocolate.

She is the first British astronaut, a cosmonaut, and the first woman who visited the Mir space station. She is also the sixth youngest of the 556 individuals (as of 2017) who went into space. She was given the label “The Girl from Mars” by the UK Press.

Anousheh Ansari

She is the first Iranian woman to go into space. She is an engineer and co-founder and chairwoman of Prodea Systems.

She is also the first female Muslim to fly in space. She is the first self-funded woman to fly to the International Space Station and the first person to publish a weblog from space.

Yi So-Yeon

She is the first Korean to go into space. She is an astronaut and biotechnologist, and is the third woman, after Helen Sharman and Anousheh Ansari, to be the first national from their country in space.

She was also listed as one of the Fifteen Asian Scientists To Watch by Asian Scientist Magazine in May 2011.

Jessica Ulrika Meir

She is the first Swedish female citizenship-holder to go into space. She is an American-born NASA astronaut, physiologist and a marine biologist.

Jessica Meir and Christina Koch were the first women to participate in an all-female spacewalk in October 2019. Her name has also been included in Time magazine’s 100 Most Influential People of 2020. She holds Swedish citizenship under her mother’s country of birth.

Liu Yang

She is the first Chinese woman to go into space. She is a pilot and an astronaut and was from the ranks of fighter pilots.

Roberta Bondar

She was the first Canadian woman to go into space. She was also the second Canadian national to do the same.

Chiaki Mukai

She is the first Japanese woman to go into space. She is a physician and JAXA astronaut and was also the first Japanese citizen to have two space flights.

Sally Ride

She was the first American woman to go into space. An astronaut and physicist, she was the third woman overall to go into space.

Few other noteworthy women:

Yelena Vladimirovna Kondakova

She was the third Soviet/Russian woman to go into space and the first woman to travel for both the Soyuz programme and on the Space Shuttle. She was also the first female Russian cosmonaut to visit the International Space Station.

Sunita Williams

She holds the record of the longest space flight by a woman. She is also the first person to run a marathon in space.

Susan Helms

She is the first woman to be on an ISS expedition crew which lasted from March 2001 until August 2001.

Kathryn Sullivan

She is the first American woman to go on an EVA, i.e., to walk in space.

Mae Carol Jemison

She is an American engineer, physician, former NASA astronaut and the first black woman to fly in space.

Eileen Collins

She is the first woman pilot and commander of a space shuttle. She is also the first astronaut to fly the shuttle through a complete 360-degree manoeuvre.

World Space Week is a reminder to the world that the space industry would have missed a lot without these women pioneers, and that, it is yet to witness a lot more!

Stay tuned to know more about iconic women who shaped Indian history and the ones who are shaping it! #InfanoWomen #WorldSpaceWeek

Featured Image: Various So urces