...Meaning of Small Scale Industries Characteristics of Small Scale Industries Role of Small Scale Industries in Indian Economy Role of Government in Promoting Small Scale Industries Sickness in Small Scale Industries Extent Causes 2. Review of Literature Following are the characteristics of some industries which identify them as small-scale industries: 1. Labour intensive: Small-scale industries are fairly labour-intensive. They provide an economic solution by creating employment opportunities in urban and rural areas at a relatively low cost of capital investment. 2. Flexibility: Small-scale industries are flexible in their operation. They adopt quickly to various factors that play a large part in daily management. Their flexibility makes them best suited to constantly changing environment. 3. One-man show: A small-scale unit is generally a one-man show. It is mostly set up by individuals. Even some small units are run by partnership firm or company, the activities are mainly carried out by one of the partners or directors. Therefore,' they provide an outlet for expression of the entrepreneurial spirit. As they are their own boss, the decision making process is fast and at times more innovative. 4. Use of indigenous raw materials: Small-scale industries use indigenous raw materials and promote intermediate and capital goods. They contribute to faster balanced economic growth in a transitional economy through decentralisation and dispersal of industries in the...
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...Submitted to Md. Shakhawat Hossain Lecturer, Department of Management Studies, Faculty of Business Administration and Management Submission date: 15/12/2011 Course code: MST326 Course title: Entrepreneurship development and Business Environment Submitted by GROUP: INNOVATION Level-3, Semester-II Session: 2008-2009 Faculty of Business Administration and Management Patuakhali Science and Technology University Dumki, Patuakhali-8602 Small Scale Industries of Bangladesh: A Case study of some small scale industries A report On ATTENDANCE SHEET Level: 3, Semester: II Course code: MST326 Course title: Entrepreneurship development and Business Environment Report title: Small Scale Industries of Bangladesh: A Case study of some small scale industries Roll. No. | Reg. No. | Name | Signature | 0803019 | 01881 | Dibakar Chandra Das(GL) | | 0803001 | 01862 | Farjana Khanom | | 0803003 | 01864 | Kazi Riasat Muntahi | | 0803011 | 01873 | Kamrun Nnahar Sila | | 0803018 | 01880 | Md.Nazmul Haque | | 0803021 | 01883 | Hasnain Ahamed Asif | | 0803023 | 01885 | Md. Ali Marjan | | 0803026 | 01893 | Md. Saidur Rahman Sajib | | 0803027 | 01894 | Atia Jahan Siddiqa | | 0803037 | 01906 | Tania akter | | 0803042 | 01912 | MD.Mahbub Alam | | | | | | Accepted by: …………………..………… EVALUATION SHEET Level: 3, Semester: II Course code: MST326 Course title: Entrepreneurship development...
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...Published in April 1958 IMPACT OF TAXATION ON SMALL AND MEDIUM SCALE INDUSTRIES BY MURARJI J. VAIDYA (Text of a public lecture delivered under the auspices of Forum of Free Enterprise on April 9, 1958 in Bombay. The author was Founder-Vice-President, Forum of Free Enterprise). It is necessary at the outset to define the terms, “Small Scale” and “Medium Scale” industries because there appears to be a deal of confusion over the precise connotation of these terms. Government have defined small industries as those which employ 50 workmen where power is employed and 100 workmen where power is not employed and the industry is manually operated. In the matter of capital, the limit of Rs.5 lakhs as invested is the maximum limit to qualify an industry as a small-scale industry. As far as medium scale industries are concerned, there is no specific definition. From time to time, various figures have been given. In my opinion, industries employing up to 500 workers and with an invested capital of Rs.5 lakhs should be considered as medium scale industries in the context of present costs of putting up such factories. The Government of India, however, have not laid down any definition of medium scale industry and, I am sorry to say, that they have not taken much interest in the development of medium scale industries. In April 1956, in my presidential address to the 26th Conference of the All- India Manufacturers’ Organisation in...
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...CURRICULUM VITAE |VICTORIA NEEQUAYE | |OBJECTIVE |A position, which provides an opportunity for applicable use of client / customer relationship, operational | | |support service, administration, procurement and capabilities in a growth – oriented organisation. | |PROFILE |A hardworking person who is keen to find a position that would show exhibit my reliability, trustworthy, and | | |carefulness. Able to work on own initiative or as part of a team and can deal with duties competently. My | | |Receptionist background has given me the ability to be courteous and understanding as well as work under low | | |supervision. | |Development |Excellent inter-personal skills and ability to communicate and keep things in | |Competencies |confidence. | | |High level of motivation, self starter and Hardworking | | |Characterized by others as sociable, mature, flexible and a fast learner | | ...
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...Problems in developing small scale enterprises in Bangladesh There are a huge number of problems in the question of developing small scale enterprises in Bangladesh, which are discussed below: Individuality: Maximum small scale enterprises are owned by the individuals and an individual has obviously some limitation. Lower Per Capita Income: Per capita income of our people is low and for this reason our people are not being able to generate adequate capital to run the business efficiently. Unskilled Human Resources: Human resources of our country are not skilled this is a problem with developing small scale enterprises in Bangladesh. The economic environment of our country is not hundred percent suitable for operating the business another cause of the restrictions. Excessive import of foreign product: Excessive import of foreign product in our country is another reason cause when the people of the country will be mainly dependent on the imported product then the entrepreneurs will loose their interest to develop small scale enterprises. Political instability: Political instability of our country is another reason for developing the small scale enterprises rate slow. Political environment of our country is not suitable enough to run the efficient business in our society. Deterioration of Morality: Public moral is getting down means most of our people are loosing their moral and for this reason developing small scale enterprises in Bangladesh is not so easy like the other...
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...Using a computer everyday can have more negative than positive effects on children. Do you agree or disagree? It has generally been observed that children are increasingly using computer every day. As the statement indicates, I also believe that using computer daily by children would have more adverse impacts on children rather than positive ones. In following I will investigate this issue furthermore. Firstly, we all know that children require physical activities. Accordingly, in many cases using every day computer leads to some health issues such as obesity and poor eyesight. Secondly, according to many experts, using computer in some cases can be addictive. Thus, it may cause some children to spend the majority of their time with it. Thirdly, when children have daily access to computer, they might encounter to some undesired contents such as sexual or violence material which can disturb them mentally and psychologically. For instance, few months ago my younger brother, who is 6 years old, saw a very violent clip in YouTube. As a result of this event, for almost a week my baby brother couldn’t sleep regularly. Of course I wrote a complaint to YouTube and requested them to remove that clip, but unfortunately the harm has been done. However, one can argue that, computers are essential devices, therefore, it is impractical for anyone to avoid them even children. I also believe this is a valid point and children can gain a lot from computers, but by proper and monitored...
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...TABLE OF CONTENTS COVER PAGE TITLE PAGE APPROVAL PAGE DEDICATION ACKNOWLEDGEMENT ABSTRACT TABLE OF CONTENT CHAPTER ONE INTRODUTION ANALYSIS 1.1 BACGROUND TO THE PROBLEM 1.2 PROBLE STATEMENT 1.3 OBJECTIVES OF THE STUDY 1.4 RESEARCH QUESTINS 1.5 RESEARCH HYPOTHESISI 1.6 SCOPE OF STUISY 1.7 LIMITATIONS OF THE STUDY 1.8 DEFDINITION OF STUDY REFERENCE CHAPTER TWO LITERATURE REVIEW 2.1 INTRODUCTION 2.2 MEANING OF SMALL SCALE INDUSTRY 2.3 GOVERNMENT POLICY 2.4 SUPPORT SYSTEMS 2.5 FINACING 2.6 MONETRY POLICY DEVELOPMENT IN FAVOUR OF SMAL SCALE INDUSTRIES 2.7 BEBEFITS OF SMALL SCALE INDUSTRY 2.8 PROBLEMS FACING SMALL SCALE INDUSTRY 2.9.1 FINANCING THE PROJECT 2.9.2 TECHNICAL KNOWS HOW 2.9.3 PERSONNEL ,MATTERS AND GENERAL ADMINISTRATION 2.10 IMPROVING FUNDING SMALL SCALE INDUSTRIES REFERENCES CHAPTER THREE: RESEARCH METHODOLGY 3.0 INTRODUCTION OF THE STUDY 3.1 RESEARCH DESIGN 3.2 AREA OF STUDY 3.3 POPULATIO OF STUDY 3.4 SAMPLE SIZE DETERMINATION 3.5 INSTRUMENT FOR DATA COLLECTION 3.6 VALIDATION OF THE INSTRUMENT 3.7 RELIABILITY OF THE INSTRUMENT 3.8 METHOD OF DATA COLLECTION 3.9 DATA ANALYTICAL RECHNIQUES CHAPTER FOUR: PRESENTATION AND ANALYSIS OF DATA 4.1 PRESENTATION OF DATA 4.2 HYPOTHESIS TESTING CHAPTER FIVE FINDINS: CONCLUSIONS AND RECOMMENDATIONS 5.1 FINDINGS 5.2 CONCLUSION 5.3 RECOMMENDATION BIBLIOGRAPHY APPENDICES CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO PROBLEM The successive development plans of...
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...Published in April 1958 IMPACT OF TAXATION ON SMALL AND MEDIUM SCALE INDUSTRIES BY MURARJI J. VAIDYA (Text of a public lecture delivered under the auspices of Forum of Free Enterprise on April 9, 1958 in Bombay. The author was Founder-Vice-President, Forum of Free Enterprise). It is necessary at the outset to define the terms, “Small Scale” and “Medium Scale” industries because there appears to be a deal of confusion over the precise connotation of these terms. Government have defined small industries as those which employ 50 workmen where power is employed and 100 workmen where power is not employed and the industry is manually operated. In the matter of capital, the limit of Rs.5 lakhs as invested is the maximum limit to qualify an industry as a small-scale industry. As far as medium scale industries are concerned, there is no specific definition. From time to time, various figures have been given. In my opinion, industries employing up to 500 workers and with an invested capital of Rs.5 lakhs should be considered as medium scale industries in the context of present costs of putting up such factories. The Government of India, however, have not laid down any definition of medium scale industry and, I am sorry to say, that they have not taken much interest in the development of medium scale industries. In April 1956, in my presidential address to the 26th Conference of the All- India Manufacturers’...
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...CHAPTER TWO REVIEW OF RELATED LITERATURES 2.0 Introduction There have been a lot of work on SSEs but the available few have given in depth into the concept of SSEs. In Nigeria, attention has been drawn to the fact that SSEs have been receiving Small attention from government whereas they provide employment for a large number of people engaged in manufacturing as well as playing roles of crucial importance to our developing country. This is why it is important to reconsider the problem hindering the development of SSEs in Nigeria. There have been numerous contributions, opinions, and commentaries on how the government can help in the development of SSEs in Nigeria. Unfortunately, some of these opinions have not been given a listening ear by...
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...Problems and prospects of our small industries Published : Saturday, 05 January 2013 Women working in a small industrial unit Md Atikur Rahman Every country wants to develop. We believe that industrial development can bring in faster development for any country. A well-conceived industrialization strategy, be it import substitution industrialization or oriented industrialization, can be useful in accumulating wealth. Many of the developing countries have achieved development through industrial development. Most developed countries are industrially developed countries. Europe and America's quick development came through industrial development. Japan, Korea, Taiwan, Hong Kong and Singapore became economically developed by having quick industrialization. In late 20th century some countries like Malaysia, Thailand, China, Indonesia and also Philippines developed by quick industrial development. So our government should concentrate more on industrial development in our country. On the other hand, many small industries play a pivotal role in the economic development of a country. Even countries like Japan and the USA that can boast of some of the largest industrial units in the world, had their rapid development and great prosperity thanks to their small industrial units. The most important single argument that can be advanced in their favour is their capacity to generate a large volume of the employment. In Bangladesh, capital is scarce, but cheap labour is abundantly...
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... 4.1 Historical Background Bangladesh Small and Cottage Industries Corporation (BSCIC) is a public sector enterprise with autonomous character entrusted with entire task of promotion and development of small and cottage industries in Bangladesh. It is the successor organization to the former East Pakistan Small industries Corporation (EPSIC) which was established by an Act of the parliament in 1957. Main role has been to assist the promotion of small manufacturing enterprises by- (a) developing infra-structural facilities for industry, (b) providing technical assistance and counseling services, (c) financing industries in the private sector and (d) setting up industries for which private investors were reluctant. Under the direct or indirect initiative of BSCIC a plenty of entrepreneurs has been created and enterprises has been set up in the country. But the influence of globalization and the free economy impacts upon the traditional manufacturing enterprises. This situation for marketing of small and cottage industries products is a major constraints facing by the sector. BSCIC is to provide facilities to the existing and new entrepreneurs to expand and develop their markets and to stay and sustain in the competitive environment. The definition of small-scale industry has undergone a considerable change in Bangladesh from time to time under government industrial policies. During the period 1957-65, small scale industry in Bangladesh (the then East Pakistan) stood...
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...prime location for the industries and since it is one of the oldest industrial area of the state it is having well-furnished infrastructural facilities. 6.4.2. The presence of Micro, Small, Medium and Large scale units Sr. No. Category Cumulative figure Number of enterprises Employment generation Investment (Rs. In lakh) Prod. Capacity Mfg. Service Total Mfg. Service Total Mfg. Service Total Mfg. Service Total 1 Micro 2676 677 3353 19717 25344 45061 17375.9 6193.5 23569 90646 25388 116034 2 Small 1075 81 1156 10614 915 11529 20692.2 1009.5 21702 61331 3933 65262 3 Medium 1 0 1 19 0 19 600 0 600 65000 0 65000 Total 3752 758 4510 30350 26259 56609 38668.1 7203 45871 216977 29321 246298...
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...Keeping a pollution free environment in mind the following steps were taken:- 1. Only non-polluting industries were initially permitted. Moreover the area and was segregated from the rest of the city by a green belt of mango trees. 2. The industrial area was located far away from the railway station and the national highway. Thus preventing the movement of heavy vehicles in the city and thus reducing the pollution. 3. Moreover the Industrial area was located in the Southern-Eastern side of the city. Here due to a favouring direction of wind, it helped minimize the air pollution within the city. The industrial area in Chandigarh was developed in 2 phases that spread over an area of 1200 acres. It comprised of the Phase 1 and the Phase 2. The Phase 1 has an area of 776 acres and the Phase 2 has an area of 486 acres. Subsequently the Phase 3 having...
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...CHAPTER ONE INTRODUCTION 1.1 THE PROBLEM AND ITS SETTING Every industry operates within two sets of constraints. Internal constraints are those problems within the organization and over which the enterprise has reasonable amount of control. Personnel problem, capacity utilization and the techniques or process of production are some of such factors. External factors could pose formidable problems to an enterprise. The problems are made more severe by the fact that these problems are caused by factors outside the competence of a given enterprise to control. Examples of such factors are government regulation, traditional or cultural values etc. The bakery industry in Nigeria has been a victim of externally imposed constraint. Hitherto, bakers depended on local millers who produced their vital raw materials, flour from imported wheat. Government banned the importation of wheat and wheat product in 1986, thereby, sending shock waves to this very well established and expanding industry. Wheat products has started to consume an unacceptable amount of the nation’s foreign exchange as the table 1.1.1 below clearly demonstrates, as well as figure 1.1.1 in page 3. Table 1.1.1 Foreign Exchange Spent on Wheat and Food Import 1981 – 1985 Import 1981 1982 1983 1984 1985 N,000 N,000 N,000 N,000 N,000 Total food 1,820,215 1,642,245 1,296,714 843,246 946,567 Wheat 159,422 79,629 255,717 243,067 327,870 C/o of total 9% 5% 20% 29% 35%` Source: Federal Office of Statistics...
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...CHAPTER ONE INTRODUCTION 1.1 THE PROBLEM AND ITS SETTING Every industry operates within two sets of constraints. Internal constraints are those problems within the organization and over which the enterprise has reasonable amount of control. Personnel problem, capacity utilization and the techniques or process of production are some of such factors. External factors could pose formidable problems to an enterprise. The problems are made more severe by the fact that these problems are caused by factors outside the competence of a given enterprise to control. Examples of such factors are government regulation, traditional or cultural values etc. The bakery industry in Nigeria has been a victim of externally imposed constraint. Hitherto, bakers depended on local millers who produced their vital raw materials, flour from imported wheat. Government banned the importation of wheat and wheat product in 1986, thereby, sending shock waves to this very well established and expanding industry. Wheat products has started to consume an unacceptable amount of the nation’s foreign exchange as the table 1.1.1 below clearly demonstrates, as well as figure 1.1.1 in page 3. Table 1.1.1 Foreign Exchange Spent on Wheat and Food Import 1981 – 1985 Import 1981 1982 1983 1984 1985 N,000 N,000 N,000 N,000 N,000 Total food 1,820,215 1,642,245 1,296,714 843,246 946,567 Wheat 159,422 79,629 255,717 243,067 327,870 C/o of total 9% 5% 20% 29% 35%` Source: Federal Office of Statistics...
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