ram kabir and gurupreet are three friends who belong to the same village , tey have completed their MBA education , with this aim they want to lo such a business which will generate more employment and out put mobilise local resures , and contribute to balanced regional development . for this they set up a small - scale industrial unit in their own village.
do you think will be able to contriburte to the development of rural , backward areas of the counity ? explain .

Explanation

yes ram , kabir and gurpreet will be able to contribute of rural , backward areas of the countyy by up a small - scale industrial unit in their own village .
the small -scale businesses play a significant role from the socio - economic development point of view of the indian economy , the following points highlight their contribution , especially , backward areas :
(i) Generation of employment : - small -scale industries (SSIs) prove employment opporunities in the rural areas , especially for the traditional artisans and the Weaker sections of society.
(ii) Output generation : SSIs contribute almost 40 per cent of the gross industrial value added , small indutries in our contry supply an enorger , domestic utensils , leather , plastic and rubber goods , etc,
(iii) Rural industriallisation and balanced regional development :- the development ov village and rural industries leads to industrialisation in rural areas SSIs produce simple propucts by using simple technology and local resurces they can be anywhere in the country , thus balanced regional development is possible .
(iv) MObilisation of local resources:- small business faclites and mobilsationmobilisation and utillisation of local resources and skills which might otherwise remain unutillised .