Q.3 explain the importance of small scale industries.
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Answered by
7
hii,
The following are a few important features of Small Scale Industries(SSIs).
(a) Ownership: These are rural-based industries owned and operated by individuals who invest their private resources in these units.
(b) Level of capital and production techniques: The amount of capital is very small, and the production techniques are highly labour-intensive and indigenous.
(c) Market share: SSIs make up 95 percent of the industrial units in India. They contribute about 40 percent of the ‘gross industrial value added’ and 45 percent of India’s total exports.
(d) Employment generation: SSIs use labour-intensive production techniques, they have a greater employment generation potential than large industries.
good luck! !!!
The following are a few important features of Small Scale Industries(SSIs).
(a) Ownership: These are rural-based industries owned and operated by individuals who invest their private resources in these units.
(b) Level of capital and production techniques: The amount of capital is very small, and the production techniques are highly labour-intensive and indigenous.
(c) Market share: SSIs make up 95 percent of the industrial units in India. They contribute about 40 percent of the ‘gross industrial value added’ and 45 percent of India’s total exports.
(d) Employment generation: SSIs use labour-intensive production techniques, they have a greater employment generation potential than large industries.
good luck! !!!
Answered by
1
the important factors for any type of industries is the
1) Land
2)Labour
3)capital
without these we can't build any type of ...
and the importance on small scale industries are it plays an important role in creation jobs and employment to the people . thus the unemployment is reduced in our country.
not only in employment but also in the poverty eradication also it helps.
1) Land
2)Labour
3)capital
without these we can't build any type of ...
and the importance on small scale industries are it plays an important role in creation jobs and employment to the people . thus the unemployment is reduced in our country.
not only in employment but also in the poverty eradication also it helps.
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