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ROLE OF SMALL SCALE INDUSTRIES IN ECONOMIC DEVELOPMENT
Industry is the segment of economy concerned with production of goods. Small scale industry (SSI) is a term which applies to the small entrepreneurs who are engaged in manufacture and production on a micro scale. The SSI sector continues to remain an integral part of Indian economy with significant...
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| Format: | Journal Article |
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Star Research Reach
2016
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| Online Access: | http://10.26.1.76/ks/008427.pdf |
| Summary: | Industry is the segment of economy concerned with production of goods.
Small scale industry (SSI) is a term which applies to the small entrepreneurs who are
engaged in manufacture and production on a micro scale. The SSI sector continues to
remain an integral part of Indian economy with significant contribution to GDP,
industrial production and employment generation in India. Worldwide, the SSIs have
been accepted as the engine of economic growth and for promoting equitable
development. The major advantage of the sector is its employment potential at low
capital cost.The small-scale industries sector plays a vital role in the growth of the
country. It contributes almost 40% of the gross industrial value added in the Indian
economy. This paper highlights the role of small scale industries in economic
development. |
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| Physical Description: | p.36-42 Volume .8 No. 1 June 2016 |