Question

State the contribution of small scale industries in generating employment.

Answer 1

Employment generation:

• Since small scale industries are primarily labour intensive industries they have huge potential for generating employment.
• In the year 1994-95 small scale industries generated 191.40 lakhs employment opportunities. It rose to 249.33 lakhs in 2001-02 and it sharply increased to 1,012.59 lakhs in the year 2011-12.
• So, small scale industries have continuously increased their employment generation capacity which is serving like a blessing for the nation