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This Book Provides A Holistic View About The Small-Scale Entrepreneur And The Problem Of Bankruptcy.
In India, for a planned economy, greater emphasis has been placed on industrial development since the early years of planning. The second Five Year Plan accorded high priority to rapid industrialisation with particular emphasis on low development of basic and heavy industries. Since then attempt have been made to strengthen the industrial base of the country for a more rapid advancement. Rural Industrialisation is a concerted effort made in this direction. Small-scale industries have been occupied an important place in the planned process of industrialisation in Indian economy as they can be easily dispersed over rural and economically backward areas and can help in raising incomes.
Revised version of papers presented at the Workshop on Comparative Study on the Small and Medium Scale Industry in India and Japan, held at Tokyo during 8-9 March 1996.
Study conducted at Dindigul and Madurai districts of Tamil Nadu, India.
The present book meticulously analyses the multi-faceted issues and elements of the Modern Small Scale Industrial Sector, based on the findings of the author's PhD dissertation. MSMEs (micro, small, and medium enterprises) are India's economic backbone. They create large-scale jobs right away, provide a more equitable distribution of national revenue, and make it easier to mobilise resources, both capital and labour, that would otherwise go unused. The importance of promoting, modernising, and reorganising these businesses cannot be overstated. Not only does the type of activity, but also the size, geographical location, and structure of these businesses affect their demands, difficulties, and potential. Despite the fact that the Indian government offers a variety of fiscal and monetary incentives for MSMEs, many of these businesses lack current technology, competent staff, enough bank credit, and an ineffective marketing network. All of these limits have resulted in a high-cost structure, putting this industry at a competitive disadvantage when compared to large sectors.
This book entitled Information Technology Its Application on the SSI Sector is compilation of research papers presented in a UGC sponsored seminar organised at Cardamom Planters Association College Bodinayakanur (Madurai Kamaraj University) under the Directorship of Dr. S. Maria John, Reader in Commerce C.P.A. College Bodinayakanur. The seminar was organised mainly to focus the role of IT and its applications. Accordingly research papers were received from the faculty members of different universities and Colleges on different aspects of IT such as E-Commerce, E-Banking, Application of IT in the development of Entrepreneurship, especially SSI sector. As the contents of the articles were highly informative and are expected to be useful to the general public, research scholars, students and fellow faculty, all such articles are compiled in the form of a book. This publication is mainly intended as part of the effort in creating awareness among the readers about the need for applying IT in different walks of life.
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