Small Scale Industry

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SMALL SCALE INDUSTRY

Transcript of Small Scale Industry

Page 1: Small Scale Industry

SMALL SCALE INDUSTRY

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GOVERNMENT SUPPORT TO SSI’S DURING 5 YEAR PLANS

IMPACT OF LIBERALIZATION,PRIVATIZATION AND GLOBALISATION ON SSI’S

GATT

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Handicrafts

• FIRST FIVE YEAR PLAN(1951-56)

• Rs.48 crore -SSIs• India Handloom Board• All India Handicrafts Board• All India and village industries

Board• Small scale industries Board• Coir Board• Central silk Board

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Industrial Estates

• Second five year plan(1956-61)

• Rs.187 crore-Industries• 60 Idustrial Estates • Providing Basic facilities-

power,water transport etc..,

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SSI & Cottage Industries • THIRD FIVE YEAR PLAN(1961-66)

• Rs.264 crore• For development of SSI &

Cottage industries

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Providing Employment

• FOURTH FIVE YEAR PLAN(1969-73)

• Rs 293 crore• 346 Industrial Estates• Providing Employment to about

80,000 people

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Development of SSI’s

• FIFTH FIVE YEAR PLAN(1974-78)

• Rs.611 crore• Aim-Reduce poverty• Government had initiated wide

programmes leading to the development of SSI’s

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Provide Consultancy services

• SIXTH FIVE YEAR PLAN(1980-85)

• Rs.1945 crore• Reservation of 409 items for

purchase from SSI’s• 836 items reserved for

exclusive production in SSI’s• 1982-Council for Advancement

of Rural Technology (CART)• To provide consultancy services

in technical,managerial,marketing

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Increased Employment

• SEVENTH FIVE YEAR PLAN(1985-90)

• Rs.2752 crore• Upgradation of technology• Increased Employment from

96-120lakh persons

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Loan Sanction

• EIGTH FIVE YEAR PLAN(1992-97)

• Rs.6334 crore• To Establish appropriate tool

rooms & training institutes• Introduced new initiatives like

sanction of Loans

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Growth of computer & electonic industries

• IMPACT OF LIBERALIZATION,PRIVATIZATION AND GLOBALISATION ON SSI’s

• Liberalisation-had made import of scarce & non –available raw materials easy

• New entrepreneurs have started many SSI’s

• Best example-growth of electronic & computer industries in past 2 decades

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Production of Telephones • PRIVATISATION-helped growth of SSI’s in a big way.

• It threw open many challenging entrepreneurs to produce similar goods & service at competitive price & of better quality

• Example-Production of telephones

• Private agencies offering LIC ,health insurance and others

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Growth in transport,food export • GLOBALISATION- helped in

setting many SSI’s• It made possible the export of

goods produced in SSI.• Indian entrepreneurs in Pharma

sector,I.T.Sector,Steel sector have gone to many countries.

• Growth in Transport,entertainment etc.,

• Also growth in areas like food processsing,export food products etc.,due to LPG

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Agreement on Trade

GATT GATT-General agreement on

Tariffs and Trade was signed by a group of 123 nations agreeing in principle to promote trade among members in 1947

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CHALLENGES

• Challenges faced by GATT• E-commerce• Agriculture commodities• Political and regional forces

on trade and industry• High tariffs by some

countries• Subsidies• Etc.,

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THANK YOU