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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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Bibliographic Details
Main Author: Resmi G
Format: Journal Article
Published: Star Research Reach 2016
Online Access:http://10.26.1.76/ks/008427.pdf
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100 |a Resmi G  |9 160648 
245 |a ROLE OF SMALL SCALE INDUSTRIES IN ECONOMIC DEVELOPMENT  
260 |b Star Research Reach  |c 2016 
300 |a p.36-42  |b Volume .8 No. 1 June 2016 
520 |a 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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