Question:medium
"Small-Scale Industries require a shield against large-scale industries."
Updated On: Jan 14, 2026
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Solution and Explanation
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.
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