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How does small business help in improvin...

How does small business help in improving economic conditions of rural area ?

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Small-scale industries contribute a lot to the economic development of rural area. In India, small-scale industries account for 95% in industrial units in the country.
Following are the advantages of small-scale industries to rural development:
1. Small-scale industries are the second largest employer of human resources after agriculture. And this way generate a large number of employment in rural areas.
2. The contribution of small-scale industries helps to balance regional development. Slowly it's helping in industrialisation in rural areas.
3. Small-scale industries provide ample of business opportunities to rural area people.
4. The increase of small-scale industries in villages and rural areas preventing the migration of village people into urban areas.
5. The development of these industries also helps in other socioeconomic ways like reducing the income inequalities, development of a rural area, and other backward areas also, etc.
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SUBHASH DEY-SMALL BUSINESS AND ENTERPRISES-Very Short answer Questions
  1. what is the investment limit for SSI ?

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  2. Give any two problems faced by SSI.

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  3. Name the Institution which was set up in 1955 to promote the growth of...

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  4. Give any two characteristics of SSI.

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  5. Name any two units included in SSI category.

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  6. Name the institutions and banks set up to promote small industries set...

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  7. How do small-scale enterprises help in removing regional disparity ?

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  8. State any two external causes of sickness in small-scale inductry.

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  9. Name a few area where SSI feels threatened with the onslaught of globa...

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  10. Name the institute, which provides an integrated administrative framew...

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  11. State the meaning of small business.

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  12. Describe the problem of shortage of capital faced by samll business.

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  13. What is the purpose of NSIC ?

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  14. Explain the role of DIC in promoting small-scale enterptises.

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  15. Why does the government of india insist on balanced regional dvelopmen...

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  16. What is the difference between small-scale enterprise and cottage indu...

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  17. How does small business help in improving economic conditions of rural...

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  18. What problem related to personnel is faced by small-scale enterprises ...

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  19. Describe three important subsidies offered the governement to small-sc...

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  20. State any two features of SSI.

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