Details of national policies for the development of small scale industries?
Translation of "christmas" in zulu
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A small scale industry is a business or project is created on either a small budget or for a small group of people. For instance if someone starts a laundry service just around their neighbourhood, that is small, not too expensive to start or manage but not too cheap either. Another example is a sma…ll pizzeria or a kiosk or say a moving around with an ice-cream van, these are types of small scale industries. ( Full Answer )
To get loans for small scale industries, first create your businessplan. Then, access banks that offer loans for businesses and shareyour business plan and business model.
Small scale industries face challenges with competing with otherfirms within their industries. Since they can't benefit fromeconomies of scale, they have to find other ways to compete.
The industries which are organised on a small scale and produce goods with the help of small machines,hired labour and power are called as small scale industries
Small scale industries are those which are run in a small place with a small amount of money and with a few workers
Answer . Some rely on demographics and supply-and-demand. This would be local producers or hands-on businesses. The others are mearly niche market contenders in a fluctuating market and are subject to the direct effects of consumer interest.
is that industry which has less amount of workers,no machineryis used,less transport,there are no transformers to do the work,all the work is done by hands e.g embroidery ETC..
All types of small-scale industries found in India whether in manufacturing sector or service sector are divided into five types: 1. Manufacturing Industries: Those units which are producing complete articles for direct consumption and also for processing industries are called as manufacturing ind…ustries. For example : Powerlooms, engineering industries, coin industries, khadi industries, food processing industries etc. 2. Ancillary Industries: The industries which are producing parts and components and rendering services to large industries are called as ancillary industries. 3. Service Industries: Service industries are those which are covering light repair shops necessary to maintain mechanical equipments. These industries are essentially machine- based. 4. Feeder Industries: Feeder industries are those which are specialising in certain types of products and services, e.g. casting, electro-plating, welding, etc. 5. Mining or Quarries. ( Full Answer )
Industries which require small investments and capital are called small scale industries.these industries require less investment and less labours and products are manufactured at less costs.example:package industries
I was searching for the same for quite some time Google returns this result, which seems to be the most promising amongst all, Check out http://india.gov.in/business/start_business/start_business.php
Types of small scale industries in India All types of small-scale industries found in India whether in manufacturing sector or service sector are divided into five types: 1. Manufacturing Industries: Those units which are producing complete articles for direct consumption and also for processi…ng industries are called as manufacturing industries. For example : Powerlooms, engineering industries, coin industries, khadi industries, food processing industries etc. 2. Ancillary Industries: The industries which are producing parts and components and rendering services to large industries are called as ancillary industries. 3. Service Industries: Service industries are those which are covering light repair shops necessary to maintain mechanical equipments. These industries are essentially machine- based. 4. Feeder Industries: Feeder industries are those which are specialising in certain types of products and services, e. . g. casting, electro-plating, welding, etc. 5. Mining or Quarries. The Mining industry in India is a major economic activity which contributes significantly to the economy of India. The GDP contribution of the mining industry varies from 2.2% to 2.5% only but going by the GDP of the total industrial sector it contributes around 10% to 11%. ( Full Answer )
An industrial undertaking in which the investment in fixed assets in plant and machinery whether held on ownership terms on lease or on hire purchase does not exceed Rs 10 million. The industries in India which are organised on a small scale and produce goods with the help of small machines, hire…d labour and power, are the small scale industries present in India. ( Full Answer )
Financial constraints, price disadvantages, a lack of marketing and distribution network, and a burden from the government are all disadvantages commonly faced by small-scale industry.
Large scale industries refers to those industries which require huge infrastructure, man power and a have influx of capital assets.Their investment or capital is generally more than 1 crore. Small scale industry means an industry that has capital less than 1 crore. Almost all items can be manufactur…ed in a small scale industry, but there are large scale manufacturing activities like rolling mills, extrusion presses, pilger mills etc., that cost much more. ( Full Answer )
A cottage industry is even smaller than a small scale industry. Forexample weaving at home and selling is a cottage industry while asmall scale industry is lesser in technology and capital than alarge scale industry but is bigger than a cottage industry.
Advantages of establishing small scale industries: 1. Employment 2. Meets the demand of local market 3. Gainful Employment to women 4. Less burden on imports 5. Less Capital 6. Less sophisticated technology 7. Good use of raw material
Characteristics of a Small Scale Business A few examples of small-scale businesses include a flea market or shopping mall booth, a consultancy business, or even a computer repair shop that moves into retail space. Small-scale businesses typically consist of one owner and his shop. The business owne…r sells products and/or services supplied by a franchise company or created by the owner himself. This type of business is flexible, which means that the owner can generally set hours at any time to accommodate customers. Startup The initial start-up costs for a small-scale business are usually pretty low, depending on the specific business model and what products/services are being sold. A small-scale business selling retail goods at flea markets will only need require funds to purchase initial inventory and pay for a spot at the flea market. Likewise, the owner of a small business selling homemade goods only needs to worry about purchasing materials to make the goods. Small-scale businesses that offer consultation services, such as tax preparation or nutritional services, also have very low overhead costs. Portability A small-scale business is generally portable, making it easy to set up and tear down. Holiday gift shops that sell candles and novelty items are a perfect example of portability; all that's typically required is empty space at a shopping mall with a small table or booth to display products. Small-scale businesses also need a way to accept payments. Small credit card terminals and portable cash registers are perfect for these needs. Employees Usually very few employees, if any, work for a small-scale business. This type of business may have one or two employees for busy times. Typically, however, such businesses cannot afford to pay wages since a majority of the profits goes back into the business or pays for the owner's personal expenses. As such, owners often staff small-scale businesses themselves, allowing them to keep whatever profits they make. ( Full Answer )
Some of the trades in the small scale industry include weaving,sculpting and tailoring. Landscaping, daycare centers and nannycare jobs also fall in small scale industry.
In Ghana, the small scale industries help to create employment forthe greater population that is semi-skilled. People from theblue-collar industry are able to find a common market for theirgoods because of the small scale industry.
The industries which are organizedOn a small scale and produce goods with the help of small Machines hired labour and power as small scale industries
Most of the small scale industries are usually privately ownedpartnerships with less than 50 employees. Examples of the smallscale industries includes convenience stores, grocery shops, and alocal food kiosk just but to mention a few.
The introduction of small scale industries has helped in boostingthe economies of most countries. For those people who could notstart large industries, this has served their interests.
Cottage industry or Home industry means the manufacturing of goods at home by hands, with small capital and on a small scale by the members of a family. In the past cottage industries played an important role in the economy of our country. They provided employment to a large number of people. Th…e destruction of the cottage industries is one of the main causes of poverty in our country. In India cottage industries have a more important part to play than any other country. They can help a lot in solving the problem of unemployment and poverty. For more than four months in a year, our cultivators have no work to do. Cottage industries can give the cultivator useful employment during spare time. Cottage industries have some real and practical advantages. They make the best use of woman labour. They make the work joyful and pleasant. There is no corruption and no exploitation of the poor by the rich. In cottage Industries there is no fear of a quarrel between the labour and factory owner. ( Full Answer )
The SSIs are broadly classified into following categories: manufacturing, assembling, processing; services; and repairing and maintenance
Small scale industries have felt the impact of globalization.Because globalization puts everything on such a large scale, smallbusinesses have struggled with things like obtaining credit, andfinding a client base.
CLASSIFICATION OF SMALL SCALE INDUSTRY UNIT 1) Manufacturing Industries Manufacturing industries are those industries producing complete articles for direct consumption and also process industries. 2) Feeder Industries Feeder industries specializing in certain types of products and servic…es. Eg: casting electro-planting, welding etc. 3) Serving Industries Serving industries provides covering light, repair, shops necessary to maintain mechanical services. 4) Ancillary to Large Industries Ancillary to large industries produces parts and components and rendering services. 5) Mining or Quarrying Industries These are the various types of small-scale industrial units. ( Full Answer )
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Provisional Registration Certificate (PRC) : In order to take steps to set up an industry for a particular product at a particular place, one needs to Register it with the state Government's District or Tehsil Industries Centre (DIC / TIC etc), which issues a Provisional Registration certificate …(PRC).To get the PRC, apply to the DIC etc in prescribed format with a Project Report / Project Profile. A 2 to 3 page project report / profile would suffice if it is a small SSI. It would highlight the background of the entrepreneur, plant & machinery to be bought & its value, details of where the product would sell & at what price, and the sources of funds including term loan, working capital loan, own equity, etc. For large SSI project, details like cash-flow chart will also be needed.The DIC etc will issue the PRC (normally, across the table) if the investment in plant & machinery is within Rs. 1 Crore, the product is not banned, and such an activity is declared as an industry (many services like IT, Hotels, Hospitals are included). The PRC is valid for 3-years, and can be extended if the entrepreneur cites unavoidable circumstances.The PRC is a prerequisite for getting other permissions - permission of local authority to set up the industry, Trade licence, Power, Pollution clearance, clearance of inspector of Boilers, Registration for commercial Taxes (State & Central sales tax) etc. The PRC is also needed for obtaining Term Loan & Working Capital. Permanent Registration Certificate (PMT) Having set up the unit and achieved Trial production, the entrepreneur is expected to take the Permanent registration (PMT). This is also issued by the DIC etc. To get PMT, apply in prescribed format along with copies of PRC, Power sanction, Municipal / Panchayat Licence, First Sale Invoice, Lease or rental agreement, Partnership Deed or Memorandum of Association (in case of limited co.), and a required affidavit. The PMT is normally issued either after inspection or without inspection subject to later verification. http://www.iitk.ac.in/siic/html/startingbusiness/Business3.html ( Full Answer )
Small scale industries are those whose capital investment 1 crore on plant and machinery is called SSI
'_, i think that the small scale industries is very important to our country in order to survive and especially to those people who needs job.. The following are some of the important role played by small- scale industries in India. 1. Employment generation: The basic problem that is confronting… the Indian economy is increasing pressure of population on the land and the need to create massive employment opportunities. This problem is solved to larger extent by small-scale industries because small- scale industries are labour intensive in character. They generate huge number of employment opportunities. Employment generation by this sector has shown a phenomenal growth. It is a powerful tool of job creation. 2. Mobilisation of resources and entrepreneurial skill: Small-scale industries can mobilize a good amount of savings and entrepreneurial skill from rural and semi-urban areas remain untouched from the clutches of large industries and put them into productive use by investing in small-scale units. Small entrepreneurs also improve social welfare of a country by harnessing dormant, previously overlooked talent. Thus, a huge amount of latent resources ;re being mobilised by the small-scale sector for the development of the economy. 3. Equitable distribution of income: Small entrepreneurs stimulate a redistribution of wealth, income and political power within societies in ways that are economically positive and without being politically disruptive. Thus small-scale industries ensures equitable distribution of income and wealth in the Indian society which is largely characterised by more concentration of income and wealth in the organised section keeping unorganised sector undeveloped. This is mainly due to the fact that small industries are widespread as compared to large industries and are having large employment potential. 4. Regional dispersal of industries: There has been massive concentration of industries m a few large cities of different states of Indian union. People migrate from rural and semi urban areas to these highly developed centres in search of employment and sometimes to earn a better living which ultimately leads to many evil consequences of over-crowding, pollution, creation of slums, etc. This problem of Indian economy is better solved by small- scale industries which utilise local resources and brings about dispersion of industries in the various parts of the country thus promotes balanced regional development. 5. Provides opportunities for development of technology: Small-scale industries have tremendous capacity to generate or absorb innovations. They provide ample opportunities for the development of technology and technology in return, creates an environment conducive to the development of small units. The entrepreneurs of small units play a strategic role in commercialising new inventions and products. It also facilitates the transfer of technology from one to the other. As a result, the economy reaps the benefit of improved technology. 6. Indigenisation: Small-scale industries make better use of indigenous organisational and management capabilities by drawing on a pool of entrepreneurial talent that is limited in the early stages of economic development. They provide productive outlets for the enterprising independent people. They also provide a seed bed for entrepreneurial talent and a testing round for new ventures. 7. Promotes exports: Small-scale industries have registered a phenomenal growth in export over the years. The value of exports of products of small-scale industries has increased to Rs. 393 crores in 1973-74 to Rs. 71, 244 crores in 2002-03. This contributes about 35% India's total export. Thus they help in increasing the country's foreign exchange reserves thereby reduces the pressure on country's balance of payment. 8. Supports the growth of large industries: The small-scale industries play an important role in assisting bigger industries and projects so that the planned activity of development work is timely attended. They support the growth of large industries by providing, components, accessories and semi finished goods required by them. In fact, small industries can breath vitality into the life of large industries. 9. Better industrial relations: Better industrial relations between the employer and employees helps in increasing the efficiency of employees and reducing the frequency of industrial disputes. The loss of production and man-days are comparatively less in small- scale industries. There is hardly any strikes and lock out in these industries due to good employee-employer relationship. Of course, increase in number of units, production, employment and exports of small- scale industries over the years are considered essential for the economic growth and development of the country. It is encouraging to mention that the small-scale enterprises accounts for 35% of the gross value of the output in the manufacturing sector, about 80% of the total industrial employment and about 40% of total export of the country. ( Full Answer )
Small scale industries have a big impact. They provide morepersonalized services in the area, more jobs, and more money to theeconomy.
There are many differences between large scale and small scaleindustries. For instance, large scale industries involve manyworkers and large machines while in small scale industries, smallmachines and limited manpower do the work.
they are : paints and varnishes ceramic industry paper ind surgical ind. sports goods ind. garments ind. chemicals and cosmetics automotive and transport food and beverages financial services energy and water pharmaceuticals conglomerate banking sector advertising tobac…co apparel ( Full Answer )
small scale industry:- 1.these industry employ less no. of persons. 2.most of the wok is done by man power and small machines. 3.Raw-material used are less so production also less. 4.they are scattered in rural and urban areas and are in the private sectors e.g.cycle,T.V.radio. large scale ind…ustry:- 1.these industries employ a large no of persons. 2. mostly work is done by machines and laborers. 3.Raw material used is large and production is mass. 4.they are located in urban centers and are in the public sectors and run by big industries. ( Full Answer )
How is the international trade related to the standard of living of the US as opposed to small industrial nation or of a developing nation?
First of all, most of the smaller nations depend on international trade mainly because of their relatively small domestic economy. By leveraging on larger nations such as US, these smaller nations are able to sell their goods to a bigger market and hence increasing their export revenue and in turn, …reducing unemployment. The raise in income will thus lead to higher standard of living. In addition, developing nations focused on low-value manufactured goods or primary products due to their lack of technology expertise. These goods may be labor-intensive as well, for example China. In comparison, US's standard of living is improved through international trade because the abundance of low-value goods available lowers the international prices and this lower prices benefit consumers. As consumer, you are able to buy more with the same amount of money which is equivalent to higher standard of living. If US decides to move towards protectionism, what happens is that domestic consumption will rely mainly on domestic production, which is at a higher cost. This prevents the country from reaping the benefits of comparative advantage of international trade. ( Full Answer )
Simple question, long, involved, complex answer. Do some reading at your local library to understand why
these small scale industries help in increasing GDP of a country as these are mainly situated in backward areas and also provide employment.
Here is one case study.. which will answer your question... A number of large-scale factories (with more than 1,000 employees) in Japan have shut down since the second oil crisis, and this can be attributed to technological innovation. The need to save energy and resources has had an effect in t…he areas of labour, materials usage, and energy consumption. A fierce competition to continually come up with a new product has emerged and has led to notably shortened life spans of goods. These developments have resulted in a decrease in the number of large-scale factories. High consumption levels have transformed the mass-production system into a system producing high-quality goods in small quantities to meet market needs and to diversify risks. Under these circumstances, the traditional Japanese employment pattern has been eroded, some of the effects of which have been mentioned in the preceding section on female labour. The size and importance of the role of medium- and small-scale industry in the whole of the Japanese manufacturing industry is not widely known in the third world. Neither is it known that there is a structure linking these industries with the more internationally famous Japanese enterprises in business and technology. The definition of medium- and small-scale industry has differed according to the period, varying in maximum complement from 10 to 20 to 100 employees. Today, government classification designates enterprises with less than 300 employees and capital of less than Y 100 million as medium- to small-scale. 45 According to statistics, factories with fewer than 20 employees account for 87.3 per cent of the total number in Japan, employ 20.1 per cent of all workers, and contribute 12.6 per cent of the total national output. Factories with more than 500 employees, on the other hand, comprise only 0.3 per cent (1.807 total of all factories in Japan; they employ 20.5 per cent of the nation's workers (2,246,000) and account for 38.3 per cent of total output. While in Japan factories with fewer than 100 workers make up 98.0 per cent of the total and employ 58.0 per cent of all workers, in the United States, the respective figures are 87.7 per cent and 25.4 per cent, and in West Germany the corresponding proportions are 72.6 per cent and 18.7 per cent. The percentages for factories in Japan employing more than 1,000 workers are 0.1 per cent and 13.4 per cent, in the United States 0.6 per cent and 27.5 percent, and in West Germany 2.2 per cent and 38.0 percent. 46 Aside from the statistical significance of these comparisons, it is clear that even in highly industrialized countries, medium- and small-scale factories have a role, and that, depending on the type of technology and industry, an enlargement of scale may be unwise or impossible. Japanese medium- and small-scale enterprises were forced to renew their equipment in search of high efficiency as they faced a serious shortage of labour during and after the rapid economic growth of the 1960s. The two oil crises forced them to confront increased costs in both labour and materials. The changes and intensification in competition forced them to renovate their operations. Some of Japan's famous enterprises that maintained a small scale as an ideal size for the development of new products also underwent this process of adjustment. From around 1975, the upgrading of facilities by small and medium enterprises brought about a new phase. The attainment of a high technological level has given the exports of these enterprises a competitiveness in international markets. The use of ICs in the production process has minimized differences in manufacturing capability and in the quality of products among manufacturers, so that the original equipment manufacturer (OEM) system has spread rapidly to enterprises of all sizes, small, medium, and large. Whether this represents a new stage of internal structure in the national network of technology is uncertain, but we may say it is a new phase, inasmuch as in the manufacturing industry, there have always been two opposing types, one seeking stability, the other continuous growth. 47 The need in Japan for small and medium enterprises and their significance in society will not likely change. A good example of the trend is the fact that factories with fewer than 300 workers account for 99.5 per cent of the factories in Tokyo and employ 74 per cent of all factory workers there. Also of note is that small, medium' and large factories are located strategically, in accordance with the vital technological and business relationships they share. In terms of development, what this process represents is the dissemination and development of modern urban industrial technology. In effect, the process is one in which those who have mastered the technology of a production process (or kind of job) at a specific level have separated it from the mainstream and become independent entrepreneurs (i.e. from process subdivision to process separation). Providing an entrepreneur has a clientele, it is his technological ability that assures his independence. However, if the separation is made merely in the form of a change in the place of production as simply an extension of the subdivision of the production process, the new establishment represents in fact an affiliate of the parent company, much like a subcontractor within the plant. Furthermore, in some cases, depending on the type of industry and general business conditions, it will become necessary to master the technology of the entire production process to make the separation. In establishing independence, technology is transferred from the head shop, much as skills and knowledge are handed down from a master craftsman to his apprentice or, in the Japanese custom of norenwake (giving the name of one's shop to a former employee), one merchant helps another set up a business. This is easier to do with technology that needs little start-up investment (most such technology usually requires higher skills). If the amount of initial investment is large, it becomes necessary to depend on borrowed capital, especially commercial financing. When this happens and materials and machines are leased, customarily the business starts as a processor and operates under a processing-fee system. As long as production is divided into separate small production processes, the processing fees remain low. Under these circumstances, the differences of skills, that is, the technologies of small independent enterprises, determine the differences in efficiency of production and of the use of raw materials. Many owners of small- and medium-scale enterprises are self-made men who accumulated technology and forged ahead on the road to self-reliance. In addition to the classification of industry in terms of scale, it can be classified according to modern vs. traditional. Applying this classification, what one discovers is that most small-scale enterprises are in traditional industries and engaged in the production of consumer goods and services. While factory production uses modern technology, native industry depends on traditional technology, machines, and tools. In terms of scale, the range is from several workers to several hundred, and yet, according to one study, even in the 1930s, traditional industry output occupied a quarter of the gross industrial production. According to statistics since the middle of the past century, 80 per cent of gross national expenditure has been for personal consumption and most of it for the consumption of traditional goods (foods, clothing, textiles, china ware, and other general merchandise). The position of small-scale industry in the national economy has been highest after agriculture. As stated in regard to textile technology, yarn was manufactured at modern factories, while fabrics were woven in the traditional manner and places of production and sold through the historical wholesale system. Thus, the two were not in an exclusive relationship, but in a mutually supplementary, interdependent relationship, which aided the development of both. After World War II, the modernization of traditional technology changed this situation, and the scale of enterprise began to reflect the specialization in technology, though not without exception. What is important is the formation of an interlinkage between traditional and new technologies by which traditional technology is finally modernized. It is the transition from a stage in which technology determines management to one in which management decides the orientation and level of the technology. For this reason, the process of technological improvement is characterized by integration of management ability and the potential of the technology. The smaller the enterprise, the more it depends on management's technological ability. It is noteworthy that, as early as 1900, before Japanese technology became self-reliant, the products of small industries made up a high percentage of Japan's exports. Raw silk accounted for 22.3 per cent, woven silk 9.3 per cent, green tea 4.0 per cent, matches 2.9 per cent, and silk handkerchiefs 2.2 per cent; thus, manufacturers using traditional technology accounted for more than 40 per cent of total exports. The last stage in match production (i.e. packing) depended on people working at home and was so labor-intensive that even young children were used among the urban poor, especially in the large cities, notably Tokyo and Osaka. ( Full Answer )
Small scale business due to small capital may not last for a long period of time.2.purchasing of the same value of goods.3.financial imbalance.
The most profitable small scale industry will vary from one regionto another. Some of the common small scale businesses that arequite profitable include stationeries, export business, law firms,accounting services and health specialists.
In a small scale industry only fewer labourers are required. But in a large scale industry more labourers are needed. Another difference is the amount of resources invested in the bisness process.
A cottage industry is a small industrial unit which the owner and his or her family run thamselves
Industry to the nation is extremely important. Without industries, our country will not make progress. It is on the record that only those nations are on top who are also on top in the industrialization.
for creating a job for a single person, in any country irrespective of their economic backgrounds government need atleast 0.5million usd to create a permanent job for that person,which is very difficult to implement so government encourage new entreprenuer's to start up small scale industry and give…'s some concession's to it,these small scale industries's depending upon their scale of profit level can give employement and can give a descent salary.these small scale industries contribute to the majority of GDP of a nation. ( Full Answer )
Please clarify: you wish to start a small scale industry? Perhaps you mean, small scale business?
Small scale industries are usually have more labor work, but arevery important. One major thing is they help with creatingemployment.
The industries in India which are organised on a small scale and produce goods with the help of small machines, hired labour and power, are the small scale industries . In India, the investments required should not be more than Rs. 1 Crore for small-scale industry
there is macro and micro; in your area only, = micro things available most everywhere, across the country, macro
Alexander Hamilton was the leader and he lead the Federalists so the political party who favored development of industry on a national scale and favored a national bank is the federalists.
A large scale map (covers a small area) shows more detail as thereis more space to show detail. A small scale map (covers a largearea or even a whole country, etc) doesn't have much space, so anydetail is either shrunk or even omitted altogether.