ABSTRACT
The small-scale sector constitutes an important component of the manufacturing industry in India. The significance of the small-scale industry is also attributable to its employment potential, comparatively low requirement of capital, short gestation period, use of traditional skills, useful links with the medium- and large-scale sectors, wide geographical dispersal, promotion of regional development, low per-unit cost of employment, utilization of local resource, suitability of production of goods for mass consumption, mobilization of small savings, and production of exportable products. The promotion of this industry has been one of the major objectives of economic planning in India.
