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Government policy towards small scale industry

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Industrial Policy for Small Scale industry
The small scale sector has always been given a prominent place in the successive industrial policies. The Government of India in its first Industrial Policy Resolution (IPR) 1948 emphasized the role and importance of small scale industries (SSIs) in India’s economic development. The IPR, 1956 stressed the role of SSI and re emphasized that SSI provides immediate large scale employment. It stated that SSI offers a method of ensuring more equitable distribution of national income and facilitate an effectiye’ mobilization of resources. The Industrial Policy Resolution 1956 kept the entire small scale industry outside the purview of industrial licensing. It underlined the need for modernization and technological upgradation of SSI. The Industrial Estates Programme was introduced by the Central Government in 1955. The programme was launched with two objectives:

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