Income generation methods and saving pattern adopted by Women entrepreneurs of Kota district

Indian women constitute nearly half of the entire population of which 35.12% of Rajasthan women accounts to be engaged in income generating activities and 60.2% among them are self employed. In spite of such high statistics, the economic status of women is very low and they are unable to achieve high living standard in the society. Thus analysis the income generation and saving pattern among women entrepreneurs would help us divulge into details about money earned by women entrepreneurs of Kota districts and various location it is being saved by them. The study investigates various activities with which women entrepreneurs are engaged in order to earn money and the saving techniques they employ to bank money earned by them. Study has been accomplished on randomly selected 60 women entrepreneurs engaged in various small scale industries in Kota district. Structured questionnaire was administered/posed enquiring type of entrepreneurial activities they are engaged in, months active in business, income generated per month, type of bank account they possess, mode opt for saving money, percentage of income saved, health security and health insurance along with demographic information. Research divulges that all women entrepreneurs are carrying out their entrepreneurial activities across the year, of which 45% of them were found employed in Handicraft work such as manufacturing of jewellery, bags, soft toys, wall hangings and other craft items. 60% of the total population found earning more than Rs.5000 per month while on enquiring about the saving pattern it was found that 75% of the women entrepreneurs save money and 55% were found more than saving 30-50% of their earning. However, in spite of possessing bank account women entrepreneurs are reported saving their income through non formal mode of saving such as piggy bank, kitty etc which seems to be a major concern.