Role small scale industries national economy

Role small scale industries national economy - . mobilisation of resources and entrepreneurial skill:Small-scale industries can mobilize a good amount of savings and entrepreneurial skill from rural and semi-urban areas remain untouched from the clutches of large industries and put them into productive use by investing in small-scale units. Is estimated that this sector has been contributing about 40% of the gross value of output produced in the manufacturing sector and the generation of employment by the small-scale sector is more than five times to that of the large-scale sector. It is encouraging to mention that the small-scale enterprises accounts for 35% of the gross value of the output in the manufacturing sector, about 80% of the total industrial employment and about 40% of total export of the country. Keeping in view the trends during 1991-98 about 23 per cent growth rate, improved quality available and competition faced in the international markets the future demand is expected to growth the rate of 15 per cent during 1999-2000.

cottage and small scale industries in india

basic knowledge of cottage and small scale industries,its importance,problems and suggestions.