Entrepreneurship refers to the process of setting up of a new business by involving innovation and take advantages from the opportunities. Entrepreneurs play a key role in contributing for the economy where they organize all factors of production, undertake risk and they help in creating new wealth and new jobs. Women entrepreneur organizes and manages business enterprise by introducing ideas and taking risk. Women entrepreneurship is gaining attention and importance on creation of new business for growth and development. The need of entrepreneurship has emerged because of the dependency on service sector and hence created opportunities for women to come forward and utilise their skills to enhance social status and reputation. Government of India has taken many initiatives especially in rural area like providing special training facilities to women by developing their skills and ability to participate in the labour force, ensuring childcare, improving their position in society and equal treatment at workplace. The present study is an attempt to explore about women entrepreneurship in Indian context. India is recognized as male dominated country where women are considered as weaker and inferior in comparison with male counterparts. For the development of women, this differential treatment proved to be the major obstacle in all fields of life especially in entrepreneurship. The objective of this research is to identify the challenges and opportunities faced by women entrepreneurs and also study the schemes provided by Government of India. Data has been collected through secondary sources.