Everything you need to know about the problems faced by small scale industries in India. Small scale industries are industries which produce goods or provide services on a small scale with the help of machines, hired labour and power. Small businesses face various problems because of their small size. They have limited capital for expansion. They are unable to take [...]
The following points highlight the four main arguments in favour of small scale industries. They are: 1. The Employment Argument 2. The Equality Argument 3. The Latent Resources Argument 4. Decentralisation Argument. 1. The Employment Argument: Regarding employment the Karve Committee has stated: "The principle of self-employment is at least as important to a successful democracy as that of self-government." [...]
In this essay we will discuss about Small Scale Industries. After reading this essay you will learn about:- 1. Meaning and Scope of Small Scale Industries 2. Rationale of Small Industries 3. Allocation Efficiency 4. Shortcomings 5. Progress 6. Problems. Essay Contents: Essay on the Meaning and Scope of Small Scale Industries Essay on the Rationale of Small Scale Industries [...]