Question

Examine the expansion of small-scale industries over the years in India.

Answer 1

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• The small scale industries sector plays a vital role for the growth of the country. ... The growth rates during the various plan periods have been very impressive. The number of small scale units has increased from an estimated 8.74 lakhs units in the year 1980-81 to an estimated 31.21 lakhs in the year 1999.

Answer 2

Over the past five years the small scale sector has emerged as dynamic and vibrant segment of Indian economy. ... Small scale sector constitute of 36 million units, providing employment to over 80 million persons with a contribution of 8% to the Gross Domestic Product.