Women’s entrepreneurship has been recognized during the last decade as an important untapped source of economic growth. The women entrepreneurs create new jobs for themselves and others and by being different also provide society with different solutions to management, organization and business problems as well as to the exploitation of entrepreneurial opportunities. Women have broken the barriers of society and have demonstrated great results in entrepreneurship. They need to be motivated to recognize and respect their own potential. Besides, an increasing awareness of the various schemes for women entrepreneurs has to be created so that more and more women benefit from the schemes available. There are also several schemes of the government at central and state level namely Stree Shakthi Package, Annapurna Loan Scheme Dena Shakti Loan Scheme Udyogini Loan Scheme, Akshaya Mahila Arthik Sahay Yojna etc, which provide assistance for setting up training-cum-income generating activities for needy women to make them economically independent. The paper aims to present an overview and to create awareness of the recent schemes initiated by the government to encourage women entrepreneurship in Indian context.