Question

write the term and policy of small. scale industry in upto 50 words

Answer 1

At present the Small Scale Industry (SSI) constitutes a Very Important Segment of the Indian Economy & has emerged as a Dynamic & Vibrant Sector of the EconomyThe Small Scale Industry Sector holds the Key to Economic Prosperity of the Indian Economy, Characterized by abundant Labor Supply, Unemployment & Under Employment , Scarcity of Finance, Growing Modern Large Industries providing scope for development of Ancillary Industries & so on. The Small Scale Industry has grown phenomenally during the last Six Decades & has acquired a very prominent place in the Socio – Economic Development in the Country.