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Impact of Globalization of Small Scale Industries (Analysing the Growth of SSIs & The Policy Reforms)

Author

Listed:
  • Dr. Shiv Kumar Deene

    (Guest Faculty, Department of Studies and Research in Management, Gulbarga University, Gulbarga)

  • D. M. Madari

    (Lecturer, Department of Economics, Gulbarga University, Gulbarga)

Abstract

“ Small is beautiful †. Indeed, the Gandhi was also in famous of small scale and in particular village industries. The environment school has pressed the need for small is indispensable is a sustained economic development. At present, the small scale industries are defined as undertaking with investment in plant and machinery, not more than Rs.1 crore, and tiny units as those with an investment of not more than Rs.25 lacks. Globalisation witnessed the intended benefits. Not only that, the entry of multinationals in ordinary consumer goods like ice cream, Agarbatti manufacturing, food processing, mineral water etc., is also adversely affecting the SSI sector since these were the traditional areas of this sector. This way, Government must secure the SSI Sector as workforce engagement, job opportunities and less investment assume as special significance.

Suggested Citation

  • Dr. Shiv Kumar Deene & D. M. Madari, 2007. "Impact of Globalization of Small Scale Industries (Analysing the Growth of SSIs & The Policy Reforms)," Journal of Commerce and Trade, Society for Advanced Management Studies, vol. 2(1), pages 12-18, April.
    • Handle: RePEc:jct:journl:v:2:y:2007:i:1:p:12-18
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    File URL: http://www.jctindia.org/april2007/v2i1-2
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    More about this item

    Keywords

    stress; employee attraction; pressure; turnover; retention strategies;
    All these keywords.

    JEL classification:

    • A0 - General Economics and Teaching - - General
    • C0 - Mathematical and Quantitative Methods - - General

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