scholarly journals SMALL SCALE INDUSTRIES IN INDIA: PROSPECTS AND CHALLENGES

YMER Digital ◽  
2022 ◽  
Vol 21 (01) ◽  
pp. 117-125
Author(s):  
Dr. Anoop Kumar Singh ◽  
◽  
Puneet Kumar Srivastava ◽  
Keyword(s):  
Economic Growth ◽  
Industrial Development ◽  
Growth Potential ◽  
Small Scale ◽  
Entrepreneurial Spirit ◽  
Micro Level ◽  
Independence Era ◽  
Small Industries ◽  
Small Scale Industries

Small Scale Industries (SSI) consist entrepreneurs who all are engaged in production, manufacturing or service at micro level. Small industries have been playing a major role in India's economic and social development in the post-independence era. Small scale industries are fundamental to a developing economy with its effective, efficient, flexible and innovative entrepreneurial spirit. SSI units across the world have been approved on the basis of promoters of economic growth and indicative of promoting equitable development. SSI's contribution to the Indian economy in terms of job creation opportunities, reducing regional imbalances, promoting inter-regional linkages, increasing exports and promoting equal economic growth potential has been quite amazing. The sector ranges from traditional to high technology through over 6000 products, comprising over 36 million units across the country, employing over 80 million individuals. SSI helps in the growth of industrial development of the country. This paper attempts to discuss the role of small scale industries in developing the economy and explores various problems faced by it.

Impact Of Human Resource Practices In Small Scale Industries In Thoothukudi District Of Tamilnadu

2019 ◽  
Vol 5 (4) ◽  
pp. 160-169
Author(s):  
Srimo Fernandas
Keyword(s):  
Economic Growth ◽  
Human Resource ◽  
Management Practices ◽  
Human Factor ◽  
Vital Role ◽  
Small Scale ◽  
Average Income ◽  
Small Scale Industry ◽  
Human Resource Management Practices ◽  
Small Scale Industries

In the economic growth of a country, the human factor plays a vital role. The study has been made to study the growth of small scale industries in the development of human resource management practices of in Thoothukudi district. The study has the following objectives. To study the socio-economic outline of the small scale industry owners. To understand the nature of management of the small-scale industry. To find out the motivational factors for starting small-scale industries. To analyse the average income generated by different activities by the small scale industry owners.

scholarly journals The role of diversity and tolerance in economic development

2021 ◽  
Author(s):  
Witold Kwasnicki
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Industrial Development ◽  
Evolutionary Process ◽  
Evolutionary Model ◽  
Industry Development ◽  
Radical Innovations ◽  
Long Run

AbstractThis paper presents an evolutionary model of industry development, and uses simulations to investigation the role of diversity and heterogeneity in firms’ behaviour, and hence industrial development. The simulations suggest that economic growth is increased with greater variety, in the sense of the evolutionary process approaching the equilibrium faster and also, in the long run, moving faster from one equilibrium to a new, more advanced, equilibrium. This occurs due to higher variety caused by a more tolerant environment, and due to the higher probability of emergence of radical innovations.

scholarly journals Unleashing The Growth Potential Of Indian MSME Sector

2017 ◽  
Vol 20 (2) ◽  
pp. 35-52 ◽  
Author(s):  
Sumanjeet Singh ◽  
Minakshi Paliwal
Keyword(s):  
Economic Growth ◽  
Economic Structure ◽  
Total Export ◽  
Growth Potential ◽  
High Tech ◽  
Policy Measures ◽  
The Government ◽  
Future Growth ◽  
Innovation And Entrepreneurship

The MSME sector occupies a position of strategic significance in the Indian economic structure. This sector contributes nearly eight per cent to country’s GDP, employing over 80 million people in nearly 36 million widely-dispersed enterprises across the country; accounting for 45 per cent of manufactured output, 40 per cent of the country’s total export, and producing more than 8000 valueadded products ranging from traditional to high-tech. Furthermore, these enterprises are the nurseries for innovation and entrepreneurship, which will be key to the future growth of India. It is also an acknowledged fact that this sector can help realise the target of the proposed National Manufacturing Policy to enhance the share of manufacturing in GDP to 25 per cent and to create 100 million jobs by the end of 2022, as well as to foster growth and take India from its present two trillion dollar economy to a 20 trillion dollar economy. Despite the sector’s high enthusiasm and inherent capabilities to grow, its growth story still faces a number of challenges. In this light, the present paper examines the role of Indian MSMEs in India’s economic growth and explores various problems faced by the sector. The paper also attempts to discuss various policy measures undertaken by the Government to strengthen Indian MSMEs. Finally, the paper proposes strategies aimed at strengthening the sector to enable it to unleash its growth potential and help make India a 20 trillion dollar economy.

scholarly journals Factors Affecting Micro and Small-Scale Industries Income: A Case Study on Coffee Processing Industry

2016 ◽  
Vol 32 (2) ◽  
pp. 138-148
Author(s):  
Lya Aklimawati ◽  
Djoko Soemarno ◽  
Surip Mawardi
Keyword(s):  
Rural Areas ◽  
Small Firms ◽  
Financial Incentive ◽  
Secondary Data ◽  
Labor Cost ◽  
Raw Material ◽  
Survey Method ◽  
Small Scale ◽  
Small Industries ◽  
Small Scale Industries

Development the competitive industries primarily small firms ought to be realized for improving economic growth of a community. Small industries have an important role especially on income equity improvement in rural areas. The objective of this study was to assess industry players motivation for developing their business in coffee processing and also to analyze factors which influence business income focused on micro and small-scale coffee industries in Bondowoso District. Survey method was used in this study for collecting primary and secondary data. A number of respondents were 25 coffee industry players who be determined by judgement sampling method. Data were analyzed by descriptive and statistic method. Multiple linear regression was used in the suspected factors that affect small industries income. The results indicated that the main motivation of industry players in initiating and developing coffee business was financial incentive. Consecutively, indicators that may explain industry player’s motivation were expectation, motive and incentive. Micro and small-scale industries income was affected by raw material, marketing reach, technology and business experience. Meanwhile, micro and small-scale industries income was not affected by labor cost and source of capital.

scholarly journals KEMISKINAN DI WILAYAH PEDESAAN NTB : STUDI KASUS WANITA PEMBUAT GARAM DI DUSUN MEDANG

Agro Ekonomi ◽  
2016 ◽  
Vol 9 (1) ◽  
pp. 65
Author(s):  
Maryadi Maryadi
Keyword(s):  
Sea Water ◽  
Salt Water ◽  
Poverty Line ◽  
Small Scale ◽  
Salty Water ◽  
Processing Material ◽  
Home Industries ◽  
Rural Industries ◽  
Small Scale Industries

Role of women in development has been well-known. Women roles in rural area can be identified from their involvement in rural industries either agricultural home industries or other small-scale industries processing material taken from natural resources. One of such natural resource materials is sea water to be further processed as salts. Most of women in Medang Hamlet, Village of Sekotong Barat, Nusa Tenggara Barat Province work as salt makers. Instead of drying salty water by using sunshine, the salt farmers in Medang Hamlet use wood in heating the salt water. The study finds that the income earned from this activity is considerably low. Since there is no other source of income alternative for the women in this hamlet, making salt becomes the only job that can be done. The consequence is that the villagers in this area are still live under poverty line.

The Blind Side of Globalisation: Auditing Merchant Producers in India’s Export Sector

2010 ◽  
Author(s):  
DIPANKAR GUPTA
Keyword(s):  
Economic Growth ◽  
Child Labour ◽  
Small Scale ◽  
Blind Side ◽  
Export Sector ◽  
Cheap Labour ◽  
Social Audits ◽  
Small Scale Industries

This chapter discusses globalisation and the export sector of India, looking at employment and economic growth in the country. It starts with a study of the rise of small-scale industries, which are part of the fastest expanding sector in India. Merchant producerism and cheap labour is discussed, followed by globalisation and social audits. Child labour, contract labour, the absent present worker, and overtime are some of the topics discussed as well. Finally, the chapter ends by determining whether globalisation has made a difference in the economy of India.

scholarly journals The Rhetoric of Development and Resistance by Tribal Women in Kashipur

Social Change ◽  
2019 ◽  
Vol 49 (1) ◽  
pp. 61-77
Author(s):  
Skylab Sahu
Keyword(s):  
Economic Growth ◽  
Population Development ◽  
Tribal Population ◽  
Large Section ◽  
Tribal Women ◽  
Indian State ◽  
Independence Era ◽  
Mining Projects

In the post-Independence era, development has been one of the key goals of the Indian state. Development is often seen as being synonymous with the process of modernisation and economic growth. Such a version of development has undoubtedly benefitted a few capitalists and layers of the middle class, yet it has remained in the realm of rhetoric for a large section of India’s tribal population. Development through mega projects displaces a large number of people. Displacement without adequate rehabilitation and compensation further aggravates the situation. In Odisha since 1993, few multinational and national companies have tried setting up mining projects in Kashipur. Many tribal villagers have protested strongly against these proposed projects from an egalitarian, environmental and social justice perspective. Significantly, women have remained in the forefront of these movements airing their concern. The article takes the case study of the Kashipur movement and critically analyses the role of women and their involvement in the struggle.

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