Question

What are Challenges for Rural Cottage industries’?

Answer 1

There are many challenges for Rural cottage industry:-

1) Poor capacity utilization.

2) Incompetent Managements.

3) Inadequate Finance

4) Raw materials Shortagea.

5) Lack of Marketinf Supports

6) Problem of working Capital

7) Problems in Export

8) Lack of technology up gradation.

Answer 2

Cottage industries in India face dearth of capital and large quantity of labour, which force them to buy capital-saving techniques. Hence, there is an urgent need for implementation of techniques which not only enhances productivity but develops skills of the labourers and meets the requirements of the local market.

Efforts should be directed towards the development of technology so that workers can enjoy a decent lifestyle. Government should also provide subsidies for the growth of cottage industries especially in the preliminary stages.