Abstract: In a developing country like India the role and significance of small scale industries is very significant towards poverty eradication, employment generation, rural development and creating regional balance in promotion and growth of various developmental activities. This sector has been contributing about 40% of the gross value of output produced in the manufacturing sector and the generation of employment by the small scale sector is more than five times to that of the large scale industries. This clearly shows the importance of small scale industries in the economic development of the country. The small scale industry have been playing an important role in the growth process of Indian economy, since independence inspite of stiff competition from the large sector and not very encouraging support from the Government.
Keywords: small scale industries, eradication, employment generation, Indian economy.
Title: CHALLENGES OF WTO AGREEMENTS FOR SMALL INDUSTRIAL DEVELOPMENT
Author: Dr. K. Maheswara Rao
International Journal of Social Science and Humanities Research
ISSN 2348-3156 (Print), ISSN 2348-3164 (online)
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