Jan 5, 2010

Management of Small Scale Industries

Small Scale Industries are the backbone of the Indian industrial structure. Small Scale Industries (SSI’s) constitute an important and crucial segment of the industrial sector. Promotion and growth of SSI sector has been a cardinal feature of Indian Industrial policy. SSI’s in India have been given a distinct identity and the government has accorded high priority to this sector on account of the vital role it plays in balanced and sustainable economic growth.

Small enterprises typically make a large contribution to manufacturing employment in poor countries. However, the developmental contribution of most of them is limited to generating subsistence employment of last resort

Recommended Project: NPA and Recovery Process with Respect to Small Scale Industries

With Privatization having its own pros and cons, it is very important for the government to understand the importance of Small Scale Industries. This industry has been the revenue maker for a developing country like India.

Author:-Ritesh, Neerav & Harshad



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