Question

Discuss the various (any four) points which highlighting the role of small scale enterprises​

Answer 1

Small scale industries are important because it helps in increasing employment and economic development of India. It improves the growth of the country by increasing urban and rural growth. 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. Small scale manufacturing industries and cottage industries play a very important role in the economic development of India. If any amount of capital is invested in small scale industries it will help in reducing unemployment in India and increasing self-employment. The industry is a sector in which the production of goods is a segment of the economy. Let us learn more about the importance of Small scale industries and how SSI helps in developing the country.This answer please mark me as brilliant

Answer 2

Small scale enterprises generate huge seasonal employment, provide entrepreneurial opportunities to people, etc.

Explanation:

The importance of the role played by small-scale enterprises can be understood by the following points:

• Small scale enterprises generate a number of employment opportunities for seasonal workers.
• Small scale enterprises also provide cheaper products that can be afforded by a number of people living below the poverty line.
• Small-scale enterprises add a lot to the economy of the local areas in which these enterprises operate.
• Small-scale enterprises help in improving the standard of living of the workers who are not very skilled or professionally trained.