Growth & Structure of Small Industries in Himachal Pradesh - A Comparative Study of Pre and Post Reform Periods
Asian Resonance (P: ISSN No. 0976-8602 RNI No.UPENG/2012/42622 VOL.-6, ISSUE-4,
October - 2017 E: ISSN No. 2349-9443)
Abstract
Assistant Regional Director, IGNOU Regional Centre, Shimla, Himachal Pradesh, India
The small scale industries have a key role to play in the industrial development of a developing economy, which has to encounter the scarcity of capital resources. These industries are vital for employment generation, enhancement of economic activities, optimum utilization of local resources, dispersal of industries across regions, raising income levels and aggregate demand. The pattern of growth and structural changes taking place in these industries pave the way for further industrialization of the economy.
The present paper is an attempt to study the various parameters of growth and structure of ten select small scale industries in the State of Himachal Pradesh and make a comparison thereof between the pre and post reform period. The study, which is based on the secondary data, noted the changes growth as well as structural shift in small scale industries.
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