Economy, asked by tasahu, 19 days ago

Define role of small sector : (i) Creation of employment, (ii) Regional balance.​

Answers

Answered by Vaish2934
1

Creating jobs is a keystone of any economic recovery program. Many activities can fall under the rubric of job creation, including immediate short-term opportunities that yield quick impact, or the development of more enduring livelihoods in the civil service or private sector. ... Providing jobs is vital on many levels.

Regional balance: The government is responsible for developing all regions and states in a balanced way and removing regional disparties. Development of backward regions so as to ensure a regional balance in the country is one of the major objectives of planned development. Therefore, the government had to locate new enterprises in backward areas and at the same time prevent the mushrooming growth of private sector unit in already advanced areas.

Answered by luminous7
3

Small scale industries are important because it helps in increasing employment and economic development of India. ... Role of Small and medium scale enterprises are to help the government in increasing infrastructures and manufacturing industries, reducing issues like pollution, slums, poverty, and many development acts.

It removes regional disparities by industrializing rural and backward areas and brings balanced regional development.

It promotes urban and rural growth in India.

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