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What is Success of Small Scale Industries in India about?

After independence, India prioritized the development of small scale industries to promote economic prosperity with less capital outlay but more employment opportunities. The government provided various incentives through five-year plans to establish industries in industrially potential areas and remove regional imbalances. Initially, small scale industries had outdated machinery but have since modernized. In 1999, the government established a ministry focused on small scale and agro-rural industries to dev

Author

bhagyashree devadas

Language

EN