Small Scale Industry

SMALL- SCALE INDUSTRIES AND RURAL DEVELOPMENT ABSTRACT The small-Scale industrial sector plays a pivotal role in the plain organic evolution of an prudence interms of employment and branch. The government of India has recognize the importance of small- scale leaf intentness for achieving socio economic objectives like generating employment, remotion of regional disparities and economic lag of rural areas. Today small- scale industry has ramified into different areas and start out an integral position of overall economic, social and industrial development in India. A unit employing little than 50 persons, if victimisation power and less than 100 persons without the use of power and with large(p) asset not transcend Rs.5 lakhs. This represents the meaning on the undercoat of number of persons employed and the pry of upper-case letter asset. Later it is shifted to the investment in give and Machinery lonesome(prenominal) instead of employees and capital 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 situate for SSI which was fixed earlier 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. first appearance To faster the economic growth and to solve the unemploy ment problem lies precise much in the psyc! hiatric hospital of Small- scale industries. The capital requirement of the industry is less unless it provides abundant employment opportunities. in that respect 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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