Question:
What measures have the Government taken to solve the problem of finance and marketing in the small scale sector?
Answer:
Indian Government created two ministries to promote and develop small scale industries:
- Ministry of Small Scale Industries. Ministry of Small Scale Industries designs policies, programmes and schemes to promote small scale industries. Small Industries Development Organization (SIDO) is responsible for implementing and monitoring of various policies and progammes formulated by the ministry.
- Ministry of Agro and Rural Industries is a nodal agency for coordination and development of village and khadi industries, tiny and micro enterprises in urban as well as rural areas. Its policies are implemented through Khadi and Village Industries Commission (KVIC), Handicrafts Board, Coir Board etc.
The small-scale sector has played a major role in employment generation, regional development and export promotion in India. The Government of India has realized that a lot more can be achieved if the two major bottlenecks that affect the further development of SSIs—inadequate funds and inefficient market penetration—are removed. In pursuit of this objective, the government has established the following agencies.
- National Bank for Agriculture and Rural Development (NABARD): It was established in 1982 with the main objective of promoting rural development and integrating the efforts in this direction. This agency is an apex banking body that governs the operations particularly of the rural and ‘Gramm' banks. The main focus of NABARD is to provide cheap and easy credit facility to small, cottage and rural industries.
- Small Industries Development Bank of India (SIDBI): It was set up to provide direct and indirect financial assistance under different schemes. It caters to the credit and finance requirements of small-scale enterprises.
- World Association for Small and Medium Enterprises (WASME): It is an international non-governmental organisation that addresses the problems of small and medium-scale enterprises. It has set up an ‘International Committee for Rural Industrialisation' with the aim of designing a model for the growth and development of rural industries.
- The National Commission for Enterprises in the Unorganised Sector (NCEUS): It was formed in September 2004 with the objective of improving the efficiency and enhancing the global competitiveness of small scale industries. It focuses on addressing the problems faced by small enterprises, particularly in the unorganised/informal sector.
- Various Development and Employment Generation Programmes: Besides establishing the organisations mentioned above, the government has launched various programmes for rural development. Among the important programmes are the Prime Minister's Rozgar Yojana (PMRY), Integrated Rural Development Programme (IRDP) and Training of Rural Youth for Self-Employment (TRYSEM). These programmes are aimed at generating greater employment opportunities, developing rural areas and making the rural people self-reliant.
Small Business
Q 1.
Give full from of SIDBI .
Q 2.
What is the investment limit for SSI?
Q 3.
Name the apex bank set up to provide direct and indirect financial assistance to small scale sector.
Q 4.
What is the difference between small scale enterprise and cottage industry?
Q 5.
What are the measures taken by the Government to solve the problem of finance in the small scale sector?
Q 6.
What is the parameter used by the government to identify service enterprise?
Q 7.
What forms of support is offered to small industries by the government?
Q 8.
State the features of cottage industries.
Q 9.
Explain the role of SIDBI in promoting small scale enterprises.
Q 10.
What are the different parameters used to measure the size of business?
Q 11.
What do you mean by small business? Describe the feature of small scale enterprise.
Q 12.
Explain the areas where small businesses feel threatened from global competition.
Q 13.
What is the role of District Industries Centre for the growth of small business in India?
Q 14.
Explain the meaning of small scale industry with its different categories.
Q 15.
Give one feature of Cottage Industries.
Q 16.
What is the purpose of NABARD?
Q 17.
Write a short note on WASME.
Q 18.
Name the institution which was set up in 1982 to promote integrated rural development.
Q 19.
Discuss the problems faced by small scale industries.
Q 20.
How much do small industries in India account for the total industrial units?
Q 21.
What is the role of National Small Industries Corporation for the growth of small business units in India?
Q 22.
How do small scale industries contribute to the socio-economic development of India?
Q 23.
Discuss any two characteristics of SSI.
Q 24.
Write a short note on village and small industries sector.
Q 25.
Name any two units included in SSI category.
Q 26.
Give full from of NABARD.
Q 27.
Name any two institutions specially set up to promote small scale enterprises.
Q 28.
Highlight the role of the small business in promoting economic growth and solving other socio-economic problems.
Q 29.
What incentives have been taken by government to promote small scale industries?
Q 30.
Give any two problems faced by SSI.
Q 31.
Write a short note on SIDO.
Q 32.
What are the incentives provided by the government for industries in backward and hilly areas?
Q 33.
Describe the scope of small business in India.
Q 34.
Give any two incentives offered by the Government to small scale industries.
Q 35.
Describe briefly the problems of small scale enterprises.
Q 36.
What are the causes of sickness in small industries?
Q 37.
State the objectives of small business in rural India.
Q 38.
What measures have the Government taken to solve the problem of finance and marketing in the small scale sector?
Q 39.
Describe the role of small business in rural India?
Q 40.
List out major industry groups in the small sector in India.
Q 41.
Small business is business at small scale. Do you agree? Explain.
Q 42.
How would you differentiate between an ancillary unit and a tiny unit?
Q 43.
What is the definition used by government of India for Small Scale Industries?
