TAILIEUCHUNG - Prospects of small scale industry in Punjab

The economic development of a nation or a region is generally determined by the level of its industrial growth. Punjab which has been doing remarkably well in the field of agriculture also shifted its way towards industrialization through coordinated development of Small, Medium and Large scale industries. | Prospects of small scale industry in Punjab International Journal of Management IJM Volume 7 Issue 7 November December 2016 231 Article ID IJM_07_07_023 Available online at http ijm JType IJM amp VType 7 amp IType 7 Journal Impact Factor 2016 Calculated by GISI ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication PROSPECTS OF SMALL SCALE INDUSTRY IN PUNJAB Monica Gupta Assistant Professor Management Dept. ITFT College Chandigarh India Dr. Kavita Aggarwal Associate Professor Management Dept. Rayat Bahra University Mohali India ABSTRACT The economic development of a nation or a region is generally determined by the level of its industrial growth. Punjab which has been doing remarkably well in the field of agriculture also shifted its way towards industrialization through coordinated development of Small Medium and Large scale industries. Punjab has a predominance of small-scale industry thanks to the indomitable spirit and entrepreneurial skills of Punjab which million small scale industries and 600 large and medium scale industries functioning in the state involving fixed capital investment of Rs 54000 Million and Rs 20400 Million respectively. In Punjab small-scale industries was occupying important place because of their employment potential and contribution to total industrial output. They also helped in the resource utilization and further help to promote changes in a gradual and phased manner. The progressive trend in the industry was badly affected after the state suffered law amp order problem due to Militancy Terrorism in post 90-80 period. Due to the disturbances the industry suffered a setback and most of the industrial units either shifted their activity to other states or close down their units. The revival of the industry was not possible till the law amp order improved in the state. Thereafter Government has taken a few steps to promote Small scale industrial production in .

• Quản trị kinh doanh
• Economic development of a nation
• Level of its industrial growth
• Field of agriculture
• Medium and Large scale industries
• Rs 54000 Million
• Development of society and Nation’s economy
• Banking habits of the people
• Process of economic growth
• Appropriate financial services
• Basic banking services
• Contribution of women
• Social and economic development of women
• Area of entrepreneurship
• Services for society and economy
• Society and nation