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the source of finance for small scale indusries,can be from friends,family and club members.

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12y ago

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What is the main source of finance for small scale industries in India?

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The meaning of medium scale industries is industries that are in-between large scale and small scale industries. These are average industries that have a higher production capacity that small scale industries but lower than large scale industries.


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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


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What are the sources of financing small scale business in nigeria?

Source of finance for small scale business can be raise through 1. From family. 2. From friends 3. From cooperatives society 4. Loans from the bank... Nigeria has introduced some sectoral policies to strengthen the growth of SMEs in Nigeria. Some of the policies active there are Concessionary financing, Small and Medium Industries Equity Investments Scheme(SMIEIS) to encourage the growth of small and medium scale industries. In Nigeria, the National Council of Industry, under the Federal Ministry of Industries, periodically revises the classification of SMEs. Other institutions, such as the Central Bank of Nigeria and the Nigerian Association of Small Scale Industries(NASSI) promote the growth of small industries.


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Girish Kumar Patra has written: 'Institutional financing for small-scale industries' -- subject(s): Andhra Pradesh State Finance Corporation, Finance, Orissa State Finance Corporation, Small business


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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


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