Solving India's unemployment through industrial planning. - Page 85 |
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j the Importance of industry as against large scale production as against cottage and small-scale Industries; j i| of heavy industry as against large scale light industry, and of Investment goods industry as against heavy industry 1 producing durable consumer goods* Small-scale industries are broadly divided into three categories; 1. Manufacturing industries which undertake a complete process of production and turn out completed ^ articles, such as locks, cutlery, and so forth* ii 2. The feeder Industries which consist of small i shops and undertake foundry work. i . ii I 3. Service Industries which carry out machinery ij repairs. j These industries cover a wide range of products and it is now planned to increase their output and to ; extend their sphere of activity by providing them with 1 adequate finance and an organized system of marketing. The financial assistance will take the form of low cost loans up to 75 pen cent of the share capital and 75 per cent of working capital for starting industrial cooperatives. Special attention is given to vlllagism in government planning. The promotion of household production of light consumer goods is one of the cheap objectives of
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Title | Solving India's unemployment through industrial planning. - Page 85 |
Repository email | cisadmin@lib.usc.edu |
Full text | j the Importance of industry as against large scale production as against cottage and small-scale Industries; j i| of heavy industry as against large scale light industry, and of Investment goods industry as against heavy industry 1 producing durable consumer goods* Small-scale industries are broadly divided into three categories; 1. Manufacturing industries which undertake a complete process of production and turn out completed ^ articles, such as locks, cutlery, and so forth* ii 2. The feeder Industries which consist of small i shops and undertake foundry work. i . ii I 3. Service Industries which carry out machinery ij repairs. j These industries cover a wide range of products and it is now planned to increase their output and to ; extend their sphere of activity by providing them with 1 adequate finance and an organized system of marketing. The financial assistance will take the form of low cost loans up to 75 pen cent of the share capital and 75 per cent of working capital for starting industrial cooperatives. Special attention is given to vlllagism in government planning. The promotion of household production of light consumer goods is one of the cheap objectives of |