Volume : III, Issue : III, March - 2013

Policy Initiatives Towards the Development of Small Scale Industries in India

B. Mohandhas, Dr. G. Prabakaran

Abstract :

Small–scale enterprises have been given an important place in the framework of Indian planning for both ideological and economic reasons. Development of small–scale enterprises has been imbued with a multiplicity of objectives such as generation of immediate employment opportunities with relatively low investment, promotion of more equitable distribution of national income and effective mobilization of required capital and human skills. In order to achieve these objectives the Government of India has started various programmes for the development of smallsector in India. It is worth mentioning that over the last six decades, India has built up perhaps one of the world’s most elaborate programmes for small enterprise development for providing assistance to the entrepreneurs for setting up small–scale enterprises. The government’s objectives and intentions towards industry including small–scale industry were announced through her Industrial Policy Resolutions (IPR 1948, 1956, 1977, 1980, 1990 and 1991) and Five Year plan. This paper aims to focus on studying policy initiatives towards the development of small scale industries in India. This paper also includes the operations and role of the Indian government as a participant, regulator and facilitator in the growth of small scale industries.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

B. Mohandhas,Dr. G. Prabakaran Policy Initiatives Towards the Development of Small Scale Industries in India Indian Journal of Applied Research, Vol.III, Issue.III March 2013

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