Cottage and Small Scale Industries Analysis - UK Essays.

This article provides an essay of small scale and cottage industries in India. Definition of Small Scale and Cottage Industries: Industrial units are generally classified between small-scale, medium scale and large scale units; considering their size, capital resources and the number of labourers engaged upon.

PESTLE ANALYSIS OF COTTAGE AND SMALL SCALE INDUSTRIES PREFACE. AS MBA Class requires resembling observation helpful as courteous-behaved-behaved as hypothetical side of the concern, diversified sums are to be dealt with in these courses, that is why elimipeople programs are there to bestow obscure as courteous-behaved-behaved as through advice of the questions.

Small scale industries may be defined as industrial units with a capital investment of not more than Rs. 750,000, irrespective of the number of workers employed. 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 are located near urban centres.

The industry, which is generally run at home, is known as 'cottage industry'. Such industries are normally found in villages in a small scale. They provide bread to many poor workers who may not be fairly educated, but technically skilled in some particular trade. Such workers are both men and women.

The Fiscal Commission (1949) also made a distinction between small-scale and cottage industries in this manner: A cottage industry is one which is carried on wholly or primarily with the help of members of the family either, as a whole or part- time occupation.

During the pre-independence period, financial constraints had hampered the rapid growth of industries in the country. After the independence, the Government has built up a network of specialized financial institutions to provide financial assistance to all types of industries including small scale industries.

Support to large scale industries Another highly useful role of small scale industry in India is the great support that the development of large scale industries in the society. Even distribution of income and wealth Small scale and cottage industries have the additional advantages that, with decentralized industries they secure a more even distribution of income and wealth.

AGENCIES WHICH WORK AT STATE LEVEL ARE:-a) State directorate of industries. by the small scale industry and a lot of research is done on the small scale industries and it is discussed and argued in the essay. It is said that small scale industry is a very vital part of the tourism industry and. while emphasizing the role of cottage and.

Cottage and small-scale industries are labor-intensive and provide employment to 80% of the industrial labor force. This reduces the unemployment and offers opportunities for self-employment. Traditionally, women are not encouraged to work outside their homes.

In large scale industries the capital investment in purchasing raw material setting up of machinery, etc arc also huge. Industries employing a relatively small number of workers in each unit or the capital investment in which is less than 2 million rupees are called small scale industries. 5. Village and Cottage Industries: Industries can be.

Financial Requirements Of Small Scale Industries Economics Essay. 4998 words (20 pages) Essay in Economics.. 6.3 Financial Requirements of Small Scale Industries.. village and cottage industries and small scale industries in the tiny sector by eligible institutions. Assistance is provided for equipment finance or working capital or both.

Industrial relations play an important role in establishment of industrial peace, industrial discipline and industrial democracy. Good industrial relations, not only maintain a cordial atmosphere in the industry, but also facilitate production and industrial growth (Michaeil, 1979).