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ano nga ba? hanap ka sarili mong sagot!! >:(((

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Q: What are the role of cottage and small scale industry?
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Short note on small scale industry?

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. The 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.


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Give the importance of small and medium scale industries?

Small and Medium-scale industries (SMIs) can play an important role in the process of a country's industrial and economic development. In particular, SMIs can make significant contribution to achieve social and economic objectives such as labour absorption, income distribution, rural development, poverty eradication and balanced economic growth. The agricultural industrial sector plans stresses the need for a self reliant approach to development.


What is role of small business in rural India?

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What is the importance of small scale industries?

Small-scale industries provide opportunities for self-employment as well as entrepreneurship, thereby improving the standard of living of individuals and communities. Furthermore, these industries increase the country's national income by contributing to its GDP.

Related questions

What did the cottage industry do to help lead england into industrial revolution?

The cottage industry played a significant role in paving England's path to the Industrial Revolution. It helped to develop the skills and knowledge of the workforce, as individuals worked from their homes, producing goods on a small scale. This set the foundation for the later mechanization and mass production that characterized the Industrial Revolution. Additionally, the cottage industry helped create a surplus of goods that spurred trade and economic growth.


Short note on small scale industry?

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. The 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.


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Role of large scale industries in the development of Indian economy?

Role of large scale industry?


What are the examples of small scale industry?

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


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A small business or cottage industry may be defined as an enterprise or series of operations carried on by a skilled workman in the craft on his responsibility. It helps the economy in promoting balanced development of industries across all the regions of the economy.


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