Development of small scale industries
- New Delhi Discovery Publishing House 1999
- 173 p. ( )
The Government of India and the State government have been pursuing a policy of protecting and promoting small-scale industries for a long time. Small -Scale industries have been accorded pride of place in the planned industrialisation process of the Indian economy which is characterised by, among other factors, low productivity in the agricultural sector (which is the primary sector), abundant labour and scarcity of capital. They can contribute to production and generate employment , absorbing relatively a smaller amount of capital, ensure a more equitable distribution of income and facilitate effective mobilisation of capital and skills which would otherwise remain unutilised.