ashish's ppt on synopsis

8/3/2019 Ashish's Ppt on Synopsis

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(Submitted in partial fulfilment of requirement for the award of the degree of

Masters of Business Administration)


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I have chosen to carry out study about the operational and

managerial problems being faced by small and medium scale

business enterprises.

Since many nations, both developed and developing have

recognized the crucial importance of small and medium

business as a useful source of growth and for the creation ofnew employment avenues on a large scale in the shortest

period of time.


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Small business has played an important role in Indian industry. It

practically flourished in almost all corners Kolkata, Surat, Chennai, and

Mumbai and penetrated into the roots of Indian soil. However, the

products and services being provided by small businesses was notstandardized but with highly specialized skills and opportunities, Indian

products were the centre of attraction at home as well as all over the

world till the arrival of industrial revolution. The drain of capital from

India to Britain between 1757 and 1947 acted as major obstacle in the

development of potential of small and medium industries in India. The

result was that by the time India won its independence in 1947, India had

lost its small and medium enterprises


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COUNTRY FOCUS ON SSIIn later 19th century, developing countries like Japan

could grasp the essentiality of small and medium

entrepreneurs for generating economical development.

Japan still relies largely on the vast network of small

enterprises to cater the needs of the consumers as well

as to supply components and intermediate products tothe large industry.


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INDUSTRIAL POLICY ON SSI, 1948The industrial policy resolution, 1948, stated the position in the following

words, Cottage and small scale industries have an important role in the

national economy offering as they do, scope for individual, village or corporate

enterprises and means of rehabilitation of displaced persons. These industries

are particularly suited for the better utilisation of local resources and for the

achievement of self sufficiency in respect of certain type of essential type of

consumer goods. However since independence the government has shown

concern and support for small scale industry and in 1977 the government of

India established centrally sponsored scheme known as district industry centrescheme (DICs) offering comprehensive set of intensive all over the country.

For the first time, an effort was made to provide all essential services to the

DICs under single roof.


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ERA OF INDUSTRIAL POLICY IN 80S AND 90SIn the 80s substantial thrust on the enhancement on the

manufacturing capacity in the industrial segment and special

attention was paid to the promotion of technological

excellence whereas in the 90s special attention was paid onthe infrastructure facilities, modernization, up gradation of

technology, improvement in productivity and accelerated

development. The small business saw new policies aiming at

globalization, delicensation, marketisation, so as to developand grow with Indian economy and be a part of world

economy.


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PLANS ON SSIs

During the last five decades, the plan outlay for SSI

has risen from Rs. 52 million in the first plan (1952) to

Rs 28480 Million in the 8th

plan (1990-95). Thenumber of small scale units registered as well as

unregistered has shown consistent growth i.e. from

12000 units in 1947 to 2.914 million in 1997 despitethe zooming mortality rate.


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DEFINITION OF SMALL SCALE INDUSTRIAL UNIT

The following requirements are to be complied with, by an

industrial unit to be graded as SSI unit with effect from

21/12/1999.

Wherein investment in fixed asserts does not exceed Rs. 10

million, subject to the condition that the unit is not owned,

controlled or a subsidiary of any other industrial unit.


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SSI POLICY STATEMENT DATED AUG. 6, 1991

The primary objective of the SSI policy during the 90s was

growth oriented to enable it to contribute its might fully to the

economy particularly in terms of the growth of the output,employment and exports as the sector has been substantially

de licensed, deregulate and de-bureaucratize with a view to

remove all chains on its growth potential, reposing greater

faith in small and young entrepreneurs.


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PROBLEMS OF SSISmall businesses die within one and a half year of their birth,in their infancy for the following reasons

Due to..

1.Improper planning strategies.

2.Weak financial background of entrepreneur.

3. Entrepreneur without experience of industry.


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4. Lack of training, learning, technical skills and dynamism of

entrepreneur in the business which he tries to carry out.

5.Entrepreneur handling the small business single handed with

all responsibilities lying on one shoulder instead of being

shared by more than one person with clarity and

specialization.

6.Lack of market knowledge of entrepreneur


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Further the entrepreneurs do not know how toovercome their sense of futility about the social

problems, racial bias and environmental hurdles

that come into their way. The very size of eachproblem makes it remote from the individual

entrepreneur without guidance to the

entrepreneur, How to solve it?


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OBJECTIVE OF STUDYThe post liberalization economic policies have made the small

and medium scale industrial sector even more weaker as the

new industrial policy opened for the large enterprises even

those sectors which were traditionally deserve for the smallscale sector, at the same time, the concept of limited

partnership and enhancement of investment limit applicable

for the sector was introduced.

Thus, there is a need to study the problems of small and

medium scale enterprises.


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For the completion of my research I have

prepared a questionnaire.

ashish's ppt on synopsis

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