Question:

"Small-Scale Industries require a shield against large-scale industries."

Updated On: Jun 27, 2025
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Solution and Explanation

In light of the above statement, the government has taken the following steps to protect and promote small-scale industries (SSIs):

  • Reservation Policy: Certain products were reserved exclusively for production by SSIs to protect them from competition with large-scale units.
  • Financial Support: Priority sector lending by banks and financial institutions provided easy credit to SSIs.
  • Infrastructure Assistance: Establishment of industrial estates and provision of common facilities.
  • Skill and Technology Development: Government offered training and technology upgradation programs for improving productivity and competitiveness.
  • Marketing Assistance: Marketing support was extended through exhibitions, trade fairs, and government procurement.
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