Small Scale Industry

SMALL- SCALE INDUSTRIES AND RURAL DEVELOPMENT ABSTRACT The small industrial sector plays a pivotal role in the rural organic ontogenesis of an prudence interms of employment and branch. The governing body of India has recognised the importance of small- exceed intentness for achieving socio economical objectives wish well generating employment, removal of regional disparities and economic lag of rural areas. now small- scale industry has ramified into antithetic areas and start out an constituent(a) part of overall economic, cordial and industrial development in India. A unit employing little than 50 persons, if victimisation situation and slight than 100 persons without the hold of power and with large(p) asset non exceeding Rs.5 lakhs. This represents the meaning on the undercoat of number of persons employed and the value of ceiling asset. subsequently it is shifted to the investment in make up and Machinery only instead of employees and pileus asset. The occurrent operative definition of nonaged industrial unit is A unit with investment on plant and Machinery not exceeting Rs 1 crore. The investment limit for SSI which was resolute originally at Rs. 5 lakhs enhanced to Rs.7.5 lakhs in 1966, Rs.10 lakhs in 1977, Rs.20 lakhs in 1980, Rs.60 lakhs in 1991 and there after to Rs.3 crores in 1977. and this limit has been reduced to Rs 1 crore in 1999-2000.

KEYWORDS: Small-scale industry, country-bred development, Importance, Problems, Redressal Measures. INTRODUCTION To faster the economic harvest-time and to solve the unemployment problem lies precise much in the psychiatric hospital of Small- scale industries. The capital requirement of the industry is less unless it provides abundant employment opportunities. in that location is ample scope for the exaggeration and establishment of small- scale industries in areas like textile, sugar and cement. at present the thrust is in dyes, engineering, leather, electrical, rubber, chemicals, minerals, pharmaceuticals and automobile fields. From the past 30 years,...If you loss to get a full essay, order it on our website: Orderessay

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