Monday, May 25, 2020

AISSMS IOIT - Small Scale Industries - A Step Of Development

You all might have came across certain questions like How these industrial sectors are build? What are its building blocks? And How it can help in boosting our economy ? These small and cottage industries join together to form large scale industries which are most probably situated in urban areas. Thus development of industrial sector indirectly depends on development of rural areas as they are basic building blocks in this huge industrial structure.

India has plenty of natural resources  like forest, minerals, power and water resources etc. Also India having a rich culture history we have large about of skilled human resources. The large population of India makes it a potential market for industrial products. Even though we have these many resources and advantages most of the people are interested in services rather than starting their own small scale business or startup. This is because of the  attractive nature  and working  policies of different companies, But it is very important for us to understand that  “All That Glitters Is Not Gold” and this attraction won’t remain for long period of time.
Hence it is very important to create awareness among the public to start and develop their own startups, small scale industries  etc.  because of this, unemployment will be reduced. Most of the rural population try to migrate into urban areas as they are unaware about the resources available in their vicinity thus by developing  awareness among  these  people we can increase the development of cottage industries and thus create employment and  reduce the load on  the urban areas. 

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