Small Scale Industries (SSI’s) play a very important role in the economic development of India. It help the government in increasing infrastructures and manufacturing industries, reducing issues like pollution, slums, poverty, and many development acts. They play an essential role in employment generation and poverty alleviation.
It improves the growth of the country by increasing both urban and rural growth. SSI provide nearly forty percent of the gross industrial value added to the Indian economy. SSI’s are an important industry both from a financial and social perspective as they contribute to per capita income and resource utilisation in the economy. These industries can be either manufacturing or service industries. Small scale industries are labour intensive but require less capital and produce on a small scale. This research paper aims to examine the impact of Small Scale Industries (SSI’s) on poverty alleviation, employment opportunities and government initiatives for SSI units based on secondary data collected from various sources such as the internet, books, magazines, newspapers and government data from the Ministry of Micro, Small, and Medium Enterprises (MSME) website portal.
Inhaltsverzeichnis (Table of Contents)
- Abstract
- Keywords
- Introduction
- Government Initiatives for Small Scale Industries:
- Institutional Support for Small Scale Industries:
- Government Subsidy Scheme for Small Scale Industries:
- Government Credit Guaranteed Schemes for Micro and Small Enterprises:
- Poverty:
- Growth in Poverty Control
- Unemployment:
- OBJECTIVE OF THE STUDY
- RESEARCH METHODOLOGY:
- REVIEW OF LITERATURES:
- SWOT ANALYSIS OF SMALL-SCALE INDUSTRY IN INDIA
- Strength:
- Weaknesses:
- Opportunities:
- Threats:
- Analysis and Interpretation
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This research paper focuses on examining the impact of Small Scale Industries (SSIs) on poverty alleviation and employment opportunities in India, analyzing government initiatives for SSIs, and evaluating the strengths, weaknesses, opportunities, and threats associated with these industries. It utilizes secondary data to explore how SSIs contribute to economic growth, poverty reduction, and job creation.
- The role of Small Scale Industries (SSIs) in employment generation and poverty alleviation
- Government initiatives aimed at supporting and promoting SSIs
- The impact of globalisation on SSI units
- The strengths, weaknesses, opportunities, and threats facing small-scale industries in India
- The importance of infrastructure development and skill development for SSI success
Zusammenfassung der Kapitel (Chapter Summaries)
- The introduction highlights the significance of SSIs in India's economic development, emphasizing their role in employment generation and poverty reduction. The paper examines the various government initiatives designed to support SSIs, including institutional support, subsidy schemes, and credit guarantee schemes.
- The section on poverty explores the challenges of poverty in India, defining poverty and its different types. The paper examines the connection between poverty, unemployment, and the role of SSIs in addressing these issues.
- The chapter on unemployment discusses the factors contributing to unemployment in India, including population growth, economic development, and education systems. The paper emphasizes the potential of SSIs in alleviating unemployment.
- The SWOT analysis provides an in-depth examination of the strengths, weaknesses, opportunities, and threats faced by SSIs in India. It highlights the importance of adaptability, customer service, and government support for SSI success.
- The analysis and interpretation section explores the impact of SSIs on employment opportunities, workplace conditions, and the challenges they face in competing with larger industries. The paper concludes that SSIs play a crucial role in economic growth, poverty reduction, and employment generation, but they require further government support and investment in infrastructure and skill development.
Schlüsselwörter (Keywords)
The primary keywords and focus topics of this research paper include Small Scale Industries (SSIs), government initiatives, poverty, unemployment, SWOT analysis, employment generation, poverty alleviation, institutional support, subsidy schemes, credit guarantee schemes, economic development, infrastructure, skill development, and globalisation.
- Quote paper
- Dr. Tamizhselvan Perumal (Author), 2024, Poverty Alleviation and Employment Opportunities through Small Scale Industries (SSI’s) and Government initiatives for SSI’s, Munich, GRIN Verlag, https://www.grin.com/document/1495677
