ZENITH International Journal of Business Economics & Management Research
Year : 2018, Volume : 8, Issue : 2
First page : ( 275) Last page : ( 280)
Online ISSN : 2249-8826.

Small scale and cottage industries-A study on problems and employment prospects in rural area, Tamil Nadu

Dr. Suryakumar M.*, Venkatesh R.**

*Assistant Professor, Periyar Institute of Management Studies (PRIMS), Periyar University, Salem-11

**PH.D Research Scholar, Periyar Institute of Management Studies (PRIMS), Periyar University, Salem-11

Online published on 13 February, 2018.

Abstract

The emphasis on Village and Small-Scale Industries (SSIs) has constantly been a fundamental a part of the Indian Industrial technique, greater so after the Second Five Year Plan. It changed into envisaged that Village and Small-Scale Industries would play a critical function as manufacturer of customer objects and absorber of surplus labor thereby addressing to the issues of poverty and unemployment. Other blessings of small industries are that they make certain a extra equitable distribution of country wide earnings, decorate balanced regional commercial enterprise development, act as a nursery for entrepreneurship and facilitate mobilization of close by property and capabilities which would possibly otherwise continue to be unutilized. Consequently, the Government of India have been encouraging and assisting the advertising of Small-Scale Industries via planned rules which includes protection from big-scale industries, capital subsidies, differential tax remedy, and reservation and so on.

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Keywords

Small Scale Industries.

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