write the feature of Cottage and rural industries
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Features of Rural Industries:
Labour intensive, high potential in employment generation. Low investment in plant and machinery. Use of locally available raw materials. Use of traditional skills.
Labour intensive, high potential in employment generation. Low investment in plant and machinery. Use of locally available raw materials. Use of traditional skills.
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6
As the name suggests,cottage industries are those industries that which are rural based and they have the following features;
They usually use family labor; since they are rural based, laborious who work under the cottage industries are acquired from rural families.they are less skilled.
Capital used is small;these industries don't require much capital because they are usually small firms managed by individuals with private resources.
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