Small scale industry as a concept receives plenty of encouragement from the government and consequently from financial institutions - it has the potential of solving a large part of the unemployment problem besetting India and that too on a relatively low capital base. However, while there is full support for the same on paper, ground realities are starkly different. It needs to be understood that this is a segment of industry that needs differential treatment and far more hand-holding and support than its larger brethren. Unfortunately, this understanding seems to be lacking among the...

Small scale industry as a concept receives plenty of encouragement from the government and consequently from financial institutions - it has the potential of solving a large part of the unemployment problem besetting India and that too on a relatively low capital base. However, while there is full support for the same on paper, ground realities are starkly different. It needs to be understood that this is a segment of industry that needs differential treatment and far more hand-holding and support than its larger brethren. Unfortunately, this understanding seems to be lacking among the...