Global Journal of Human Social Science, C: Sociology and Culture, Volume 22 Issue 1

© 2022 Global Journals Volume XXII Issue I Version I 27 ( ) Global Journal of Human Social Science - Year 2022 C The Impact of Covid-19 Pandemic on Women Entrepreneurs: An Analysis from Socio-Economic Perspective in Rangpur City Corporation, Bangladesh consequences of COVID-19 pandemic have influences on women's lives and livelihoods are extensive and critical. Many women who worked in the formal sector lost their employment as a result of the pandemic, and physical and mental abuse against women has grown. Women entrepreneurs, who are small and medium entrepreneurs, have lost capital due to the COVID-19 pandemic and it has created difficulties for running their organizations and they had to lay off their workers, with the demand and supply shocks crossing borders through disrupted supply chains (International Trade Centre, 2020). We all need visionary plan and mutual support so that this difference between men and women does not increase. It is needed for the government to take various incentive measures for women to solve all these problems. In addition to addressing the health crisis, the government should scramble to alleviate the socio-economic impact of COVID-19 on women entrepreneurs, introducing policies to help them cope with the short-term financial risks and long-term business implications. To address all of these issues, the government must implement a variety of incentive programs for women. In addition to dealing with the health issue, the government should work to mitigate the socio-economic impact of COVID-19 pandemic on women entrepreneurs by enacting regulations to assist them in coping with short-term financial concerns as well as long-term business ramifications. We should continue to put pressure on law enforcement agencies and the government to urge them to take the required steps to improve their business as soon as possible, as well as to remove all the socio-economic impediments and constraints that have arisen as a result of the COVID-19 outbreak. VIII. C oncluding R emarks For a sustainable economy, it is an important prerequisite for national growth and prosperity, that both men and women of the country take part in economic activities equally. Without women's participation in the mainstream economy, it will be impossible to realize the goal of a poverty-free society. In emerging countries, women's entrepreneurship is currently a rapidly rising socioeconomic phenomena. As part of their national development objectives, developing countries are now emphasizing women's entrepreneurship development. Today, it is widely acknowledged that women's entrepreneurship may contribute significantly to the socio-economic well-being of families and communities by creating jobs, reducing poverty, and ensuring women's rights. In employment generation and industrialization, women entrepreneurship has been playing a key role in terms of economic growth. Although the role of women entrepreneurship is different at several stages of economic development, their role is dominant for developing countries [36]. Women's business development is hampered by widespread illiteracy, a lack of basic education, training, and experience. Women's participation in economic activity outside the home is also hampered by a lack of information, social superstitions, and the absence of the rule of law. On the dimensions of leadership, autonomy, risk taking, readiness for change, endurance, lack of emotionalism and low need for support, bank loan officers rated women as significantly less like successful entrepreneurs compared to men. In Rangpur City Corporation, Rangpur, literacy levels, trainings, and other factors have a direct positive impact on women's entrepreneurship. These could be useful for members in overcoming overall socioeconomic constraints and comprehending government strategies, technical considerations, and future requirements. Following are some recommendations based on the findings of this study: • Development of entrepreneurial skills through training and capacity building; • Venture capital and technological assistance for project start-up; • Counseling service for business management and product and service marketing; • Policy provisions to assist female entrepreneurs • Create a friendly and favorable socio-economic environment for women entrepreneurs' development; • Establish an information center at the district level to facilitate women's access to business ideas and information on markets, design, buyers, sources of finance, and training. • Businesses identified cash transfers, access to new credit, and loans with subsidized interest rates as the top three most needed policy supports in order to recover from the crisis. Banks can organize training on women's SMEs development, which will enable them to find more credible female clients. • Finally, the government need to take initiatives to increase the research program on women's entrepreneurial development and provide financial support to the institutions that are currently involved in research activities on women's entrepreneurial development. R eferences R éférences R eferencias 1. S. Khan, “Women entrepreneurs need policy support,” The Financial Express , Jan. 13, 2021. https://thefinancialexpress.com.bd/views/opinions/ women-entrepreneurs-need-policy-support-1610553 864 (accessed Jul. 17, 2021). 2. S. A. Sultana, “Women Entrepreneurs in Bangladesh: Barely Staying Afloat,” The Asia Foundation , May 26, 2021. https://asiafoundation.