Complexity Of Small Scale Industry In India

Small scale industries play an essential role in the development of economy, mainly in developing countries. If population of India is taken into consideration it can be said that this sector has a wide scope in India. All over the world, the unorganized industrialized sector is recognized as Small and Medium Enterprises (SMEs) while in India this is identified as SSI. The Small Scale Industries in India has today become a development engine for the financial system, contributing significantly to increase in the GDP, employment and exports. This sector has continued to boost its contribution in India’s economic progress but SSI can not contribute perfectly in comparison of other industry because of some complexities.There
are some problems which are responsible to prevent the growth of SSI in India. The main purpose of this research paper is to find major problems of SSI.