Economy, asked by gshfgh6025, 1 year ago

The role of small scale industry in economic development

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Answered by PiyushSinghRajput1
0
ROLE OF SMALL SCALE INDUSTRIES IN ECONOMIC DEVELOPMENT. Industry is the segment of economy concerned with production of goods. ... The SSI sectorcontinues to remain an integral part of Indian economy with significant contribution to GDP, industrial productionand employment generation in India.
Answered by Anonymous
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Heya user ✨✨


⏩More Employment ➡️These are labour oriented Enterprises .Thus,more labour is required in this industries .In Indian ruler areas ample labour is available . Some of the people in rural areas remain unemployed for the whole year ,some other do farming for a part of the year and remain idle for the rest of the period.Small business are helpful to provide employment for both the categories of these people .


⏩ Economic Strength ➡️Small business provide Economic Strength to the rural areas .They provide employment to the unemployed .


⏩ Opportunity For Artisan➡️In the villages Artisan having expertise in different fields are found . Because of the lack of opportunity their skill do not come into LimeLight . Small Business provide opportunity to such people.
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