Write a paragraph on small scale industries
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Any industry can be classified into more than two or three categories. Each classification highlights only one aspect of the industry, for example the origin of its raw materials, the number of labour employed, the location, the ownership or the nature of the finished products.
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Thus, the Tata Iron and Steel Industry can be classified as a smapl industry, a basic or key industry, a write a paragraph on small scale industries industry, labour-intensive industry, private sector industry and a heavy industry. Small scale industries may be defined as industrial units with a capital investment of not more than Rs.
Any zcale can be classified into more than two or three categories. Small-Scale Industries do not need huge amount of capital. Most of the SSIs, except a few urban-based units which act click ancillaries to the large industry, are forced to restrict their sales to the local market, tailoring their supplies to the local needs. There are two aspects to the problem: Any disturbance in a large unit also attracts the attention of the government. Small scale units as compared to large scale units are more change susceptible and highly reactive and responsive to socio-economic conditions.
Small scale industries occupy an important place in the economy of the country. More than 30 million people work in these industries. Most small scale industries in located near urban centres.
- They have to face open competition in every sphere of activity.
- The Fiscal Commission, Government of India, New Delhi, , for the first time defined a small-scale industry as, one which is operated mainly with hired labour usually 10 to 50 hands.
- These industries help in generating exports and earning foreign exchange.
They produce goods for local as well as foreign markets. Work is done with simple tools and equipment, some of which may be power driven.
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Financial assistance is provided by the government. The manufacture of bicycles, sewing machines, agricultural implements and tools, sports goods, soaps, storage batteries, electric fans, leather footwear and handloom weaving are some examples of small-scale industries.
Cottage industries arc small scale industries but distinguished from the other small scale industries on the basnis of location. Cottage industries include village industries and handicrafts industry since both is located in the village. About 40 million people are engaged in cottage industries, which include village industries and handicrafts.
Processing of pulses and cereals and the manufacture of gur and khandsari are examples of village industries. Some other examples of village industries are handloom, cane and bamboo baskets and other products, coir-making, shoe-making, gold polka wallpaper walls and leather tanning.
Handicraft industries include a large number of crafts backed by xmall of experience and skill. These products are mainly produced for markets outside of the villages, in large cities and for international market.
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Wood carving, inlay lacquer work, decorative furniture, metalware like bidri and filigree, artistic items made from horns and bones are examples of the handicraft industry. Rapid progress in science and technology, backed by rapid industrialization of the country will not only bring sma,l by raising our standard of living but will also make us self-sufficient and self-reliant. This will enable us to maintain our political independence and pursue policies without being pressured in any way by other countries.