Abstract

Economic development of a nation is directly related with the amount of industrial development. The enlargement of industrial sector leads to a larger and proper utilization of natural resources, production of goods and services, creation of employment opportunities and improvement within the general standard of living. India has additionally making efforts to develop the country’s industrial base since independence. It has framed numerous policies geared toward development of industries within the public and private sectors. Special stress has been laid on SSI. SSI plays a key role in the planned development with its benefits of low investment, high potential for employment generation, diversification of the industrial base and dissemination of industries to rural and semi urban areas. P.N.Dhar and H.F.Lydall in introduction to their book, “The Role of Small Enterprise in Indian Economic Development” have ascertained that ‘The promotion of small scale industries has been widely recommended as one of the foremost acceptable means of developing industry in over populated backward countries’,(Ministry of Small Scale Industries , Government of India , 2006)

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