Question

Describe the various institutional support provided to the small business in India.

Answer 1

Answer:

Facilities are provided by SIDO through a network of 26 small industries service institutes (SISIs), 20 branch institutes, 40 extension centres, product and process development centres, production centres, field testing stations etc. in areas where specific types of industries are concentrated.

Answer 2

The contribution of small industries and businesses to the Indian economy is simply immeasurable. They not only create wealth and employment but are also a big factor in social development. In fact, so great is their importance that we have a special ministry dedicated to Micro, Small and Medium Industries. So let us learn how our government assists and develops these small industries.