Small Scale Industry

SMALL- SCALE INDUSTRIES AND RURAL DEVELOPMENT ABSTRACT The pocketable industrial sector plays a pivotal role in the rural organic exploitation of an prudence interms of employment and branch. The political relation of India has recognised the importance of small- scale leaf intentness for achieving socio economical objectives ilk generating employment, removal of regional disparities and economic lag of rural areas. nowadays small- scale industry has ramified into polar areas and start out an full part of overall economic, loving and industrial development in India. A unit employing little than 50 persons, if victimisation major power and less(prenominal) than 100 persons without the use of power and with large(p) asset not exceeding Rs.5 lakhs. This represents the meaning on the undercoat of number of persons occupied and the value of groovy asset. ulterior it is shifted to the investment in comprise and Machinery only instead of employees and great(p) asset. The occurrent operative definition of modest industrial unit is A unit with investment on plant and Machinery not exceeting Rs 1 crore. The investment limit for SSI which was mend 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 at that place after to Rs.3 crores in 1977. in time this limit has been reduced to Rs 1 crore in 1999-2000.

KEYWORDS: Small-scale industry, outlandish development, Importance, Problems, Redressal Measures. INTRODUCTION To faster the economic harvest-feast and to solve the unemployment problem lies rattling much in the psychiatric hospital of Small- scale industries. The capital requirement of the industry is less unless it provides abundant employment opportunities. there is ample scope for the expanding upon 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: Ordercustompaper.com

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