Volume : VII, Issue : IV, April - 2018

PERFORMANCE OF SMALL SCALE INDUSTRIES IN KARNATAKA

Dr. S. T. Bevinakatti, Dr. N. G. Chachadi

Abstract :

Indian economy is an under developed economy. The per capita income is low. Capital is shy and scarce and investment is lean. Production is traditional and the technique is outdated. The output is insufficient and the basic needs of the people remain unfulfilled. Such industries do not require huge capital and hence suitable for a country like India. The small scale industries have a talent of dispersal. The overall credit of developing this sector goes primarily to the vision of Jawaharlal Nehru, the first Prime Minister of India, who proposed and implemented the development of core industry and a supporting sector. In the words of former Prime Minister Dr.Manmohan Singh, the key to our success in employment lies in the success of manufacturing small scale sector.  The small scale sector is an important not only for its contribution to GDP but also for its stellar performance in exports and generating employment. Today, this sector accounts for 95 per cent of industrial units in the country, 40 per cent of value addition in the manufacturing sector, 65 per cent of services and more than 35 per cent of the country’s total exports and nearly 80 per cent of industrial employment in Indian economy. This article has been presents the concept of small scale industry, industrial scenario in Karnataka, GDP and performance of Small Scale Industries in Karnataka and their incentives.

Article: Download PDF    DOI : https://www.doi.org/10.36106/paripex  

Cite This Article:

Dr. S. T. Bevinakatti, Dr. N.G. Chachadi, PERFORMANCE OF SMALL SCALE INDUSTRIES IN KARNATAKA, PARIPEX‾INDIAN JOURNAL OF RESEARCH : Volume-7 | Issue-4 | April-2018

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