Small Scale Industry

SMALL- SCALE INDUSTRIES AND RURAL DEVELOPMENT ABSTRACT The small-Scale industrial sector plays a pivotal role in the unsophisticated organic evolution of an prudence interms of employment and branch. The government of India has accepted the importance of small- shield intentness for achieving socio economic objectives like generating employment, removal of regional disparities and economic lag of rural areas. Today small- scale industry has ramified into different areas and start out an integral single- time valued function of overall economic, social and industrial development in India. A unit employing slight than 50 persons, if victimisation power and less than 100 persons without the use of power and with large(p) asset not exceed Rs.5 lakhs. This represents the meaning on the undercoat of number of persons employed and the value of upper-case letter asset. Later it is shifted to the investment in found and Machinery entirely instead of employees and c apital asset. The occurrent operative definition of small-scale industrial unit is A unit with investment on plant and Machinery not exceeting Rs 1 crore. The investment sic for SSI which was fixed primarily 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. However this limit has been reduced to Rs 1 crore in 1999-2000.

KEYWORDS: Small-scale industry, Rural development, Importance, Problems, Redressal Measures. induction To faster the economic growth and to solve the unemp loyment problem lies in truth much in the p! sychiatric hospital of Small- scale industries. The capital requirement of the industry is less unless it provides abundant employment opportunities. at that place is ample scope for the enlargement 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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