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Give three reasons why small scale industries should be encouraged in India? - Economics

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Question

Give three reasons why small scale industries should be encouraged in India?

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Solution

SSIs need to be promoted because of the following reasons:

  1. Small industries are labour-intensive. Hence, they are capable of absorbing surplus labour in productive employment.
  2. They help reduce regional disparities, as they can be started anywhere (in villages or towns) across the country.
  3. These industries can be started even by middle-income groups.
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Chapter 8: Secondary Sector : Industry - QUESTION BANK [Page 126]

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J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 8 Secondary Sector : Industry
QUESTION BANK | Q 6. b. | Page 126
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