India is one of the world's fastest growing economies, with women mainly from the middle class increasingly entering the workforce. Urban centres like Delhi and Bangalore have seen an influx of young women from semi-urban and rural parts of the country, living alone and redefining themselves. However, the story of economic empowerment for women is not a singular narrative; rather it is located in a complex set of caste, class, religious, and ethnic identities. At present, women involvement in economic activities is marked by a low work participation rate, excessive concentration in the unorganized sector and employment in less skilled jobs. There is a need to strength and streamline the role of women in the development of various sectors by harnessing their power towards nation building and to attain accelerated economic growth process. Higher economic growth can be recorded by providing employment opportunities by utilizing the available resources of that area. Information gap largely affects women's development. Therefore, the Non-Governmental Organizations (NGOS) & other associations can take initiatives to make women aware and motivate them towards self employment. At the same time, individual women should also come forward to take advantage and risks in entrepreneurial sector. In rural India, women?s economic opportunities remain restricted by social, cultural, and religious barriers. Rural women, particularly of lower caste and class, have the lowest literacy rates, and therefore do not have the capacity to negotiate pay or contracts and most often engage in the unorganized sector, self-employment, or in small scale industry. This book highlights issues and challenges and an attempt has been made to explain the evolution of women entrepreneurship and the challenges in the face of emerging paradigms. It is hoped that the book will be use to researchers, NGOs, MFIs, Governments, Banks and Educators.