Small scale industries play a key role in the industrialization of developing countries. This is because they provide immediate large -scale employment and has a comparatively higher labour capital ratio: they need a shorter gestation period and relatively smaller markets. They need lower investments, offer a method of ensuring a more and equitable distribution of national income and facilitates an effective mobilization of resources of capital and skill. The small scale sector in India has played a very important role in the socio-economic development of the country during the past 50 years....