ol. why tere was a need for protection of small scale industries & state the Steps taken by thegovt. to protect Small Scale industries,
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Small Scale Industries have important place in the economic development of India. These industries are labour intensive which generate more employment. They reduce the dependence of people on agriculture for living. These industries require less capital of which there is always a deficiency in India.
In this connection, the following measures may be suggested:
- Equitable allocation of raw materials, imported components and equipment.
- Improvement in the methods and techniques of production.
- Provision for adequate finance.
- Marketing assistance.
- Provision for industrial education and training.
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