Question:
Describe the role of small business in rural India?
Answer:
The following are some of the major roles played by small scale businesses in rural
India.
- They generate employment opportunities: Cottage and rural industries play a significant role in providing employment opportunities, particularly to people in rural areas. This proves to be a boon especially for the economically weaker sections of the rural society.
- They enable equitable income distribution: The capital requirements of small- scale businesses are low, mainly because of their use of labour-intensive production techniques, and this encourages entrepreneurs to start units on a small scale. Small- scale businesses are, therefore, set up all over the country. Many of them providing employment opportunities to people in rural areas. This triggers the redistribution of wealth and income, and enables the equitable distribution of income in rural areas.
- They help to accelerate growth: Small-scale businesses have been considered as a major propeller for the acceleration of economic growth and as an employment generator, particularly in the rural and backward areas of India.
- They mitigate disguised unemployment and alleviate poverty: Small-scale businesses use labour-intensive production techniques, and are, therefore, able to provide employment to the excess/surplus rural labour. Thus, small-scale businesses remove disguised unemployment from the agriculture sector and at the same time provide livelihood to the rural people. Hence, they contribute to alleviating rural poverty.
- They facilitate rural development and reduce migration from rural to urban areas: It is well known that a large number of people migrate from rural to urban areas in search of better employment opportunities and improved living standards. Small-scale businesses help reduce this migration by providing employment opportunities to rural people in their own regions. By doing so, small units also help mitigate the excessive pressure on urban infrastructure.
Small Business
Q 1.
Give full from of SIDBI .
Q 2.
What is the investment limit for SSI?
Q 3.
What is the parameter used by the government to identify service enterprise?
Q 4.
Name the apex bank set up to provide direct and indirect financial assistance to small scale sector.
Q 5.
What are the measures taken by the Government to solve the problem of finance in the small scale sector?
Q 6.
State the features of cottage industries.
Q 7.
What is the difference between small scale enterprise and cottage industry?
Q 8.
What forms of support is offered to small industries by the government?
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.
Name the institution which was set up in 1982 to promote integrated rural development.
Q 16.
How much do small industries in India account for the total industrial units?
Q 17.
Write a short note on WASME.
Q 18.
What is the purpose of NABARD?
Q 19.
What is the role of National Small Industries Corporation for the growth of small business units in India?
Q 20.
Discuss the problems faced by small scale industries.
Q 21.
Give one feature of Cottage Industries.
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.
Give any two problems faced by SSI.
Q 28.
Name any two institutions specially set up to promote small scale enterprises.
Q 29.
Highlight the role of the small business in promoting economic growth and solving other socio-economic problems.
Q 30.
Write a short note on SIDO.
Q 31.
What incentives have been taken by government to promote small scale industries?
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?