August 30, National Small Industry Day:
To recognise the value of small industries and
businesses that are existing in India, National Small Industry Day has been
celebrated on August 30 every year.
celebrating National Small Industry Day
The objective of celebrating National Small Industry
Day every year is. to encourage the people who are running small businesses across
the country and to acknowledge their efforts.
The other objective is to offer job opportunities
Importance of Small
In the economic growth of developing country like
India, small scale sectors plays important part. Special emphasis has been
placed on its development, considering the relevance of these sectors. Thus,
the government policy assistance for small industry trend had been beneficial
and favourable for the growth of small scale enterprises.
Ministry of SSI –
Designate August 30 as SSI Day
On August 30, 2000, Ministry of Small Scale
Industries had launched a comprehensive policy package for SSI Sector. For
small firms in India, this policy provides significant support and the Ministry
subsequently agreed to designate SSI Day on August 30.
On August 30, 2001 in New Delhi, SSI Convention for
SSI Entrepreneurs and presentation of National Awards functions was held by the
Ministry. The function was divided into three parts as Inauguration, Distribution
of Awards and Open House Discussion.
Significance of this
In order to help people find work, Central
Government had made several efforts to establish small scale enterprises across
India. It also helps in equitable allocation of economic power.
Small businesses were labour intensive and units of
capital were higher in them, in rural and urban regions, this day was marked to
emphasise the importance of small scale enterprises in creating work
opportunities for individuals.
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