Authors : P. H. Balbudhe
Page Nos : 11-15
Description :
The small scale industries play a vital role in the growth of the country. It contributes
almost 40% of the gross industrial value added in the Indian economy. By less capital
intensive and high labour absorption nature, SSI sector has made significant
contribution to employment generation and also rural industrialization. Under the
changing economic scenario, SSI has to face number of diverse problems like vast
population, large scale un-employment and underemployment and scarcity of capital
resources and the like. Hence, the government has been providing some special
facilities through different policies and programmes to overcome the problems and for
the growth and development of small scale industries. The efforts of the government
have resulted in the phenomenal increase in the number of units in the small scale
sector.
Keywords:
strengths, weaknesses, threats and opportunities.
