Question

"Small-Scale Industries require a shield against large-scale industries."

Answer 1

Following the preceding declaration, the government implemented the subsequent measures to safeguard and foster small-scale industries (SSIs):

• Reservation Policy: Specific products were designated solely for SSI production to shield them from large-scale competition.
• Financial Support: Banks and financial institutions facilitated access to credit for SSIs through priority sector lending.
• Infrastructure Assistance: Industrial estates were established, and common facilities were made available.
• Skill and Technology Development: The government provided training and technology upgrade initiatives to enhance productivity and competitiveness.
• Marketing Assistance: Marketing support was offered via exhibitions, trade fairs, and government purchasing programs.