Question

How do the small scale industries contribute to the Socio economic Development of India?​

Answer 1

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i)Contribution in GDP Small industries in India account for 95 % of the industrial units in the country. They contribute almost 40 % of the gross industrial value added in the economy.

(ii) Contribution in Exports 45% of the total exports from India come from small scale industries.

Answer 2

Explanation:

The small scale industries are an important part of the economy as they help to increase employment and the economic development by increasing the urban and rural growth and the role is to help increase the government infrastructure and reduce the issues like the pollution and poverty and slums etc.

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