The process of liberalisation and market reforms has created wide-ranging opportunities of the development of small scale industries. At the same time, changing world scenario has thrown up new challenges to the very existence of the sector. The need of the hour is to suitably strengthen the sector so that it could adapt itself to the changed environment and face the challenges boldly and effectively. In order to focus on the issues facing the sector, the Ministry of Small Scale Industries & Agro and rural Industries was created on the 14th October 1999 for overseeing the formulation and implementation of the policies and programmes for the development of the small scale industries through support agencies and specialised services.
The Government of India have always accorded priority to the Village and Small Industries (VSI) Sector in its Industrial Policy Resolutions and in the strategy for the industrialisation in the country. With the deregulation of the Indian economy, a new package of policy measures for promoting and strengthening the VSI sector was announced by the Government on 6th August, 1991. These policy measures have given thrust to simplification of regulations and procedures, and procedures, and helped the SSI units improve their competitive strength.
The Ministry of Small Scale Industries designs and implements the polices through its field organisations for promotion and growth of small and tiny enterprises, including the coir industries. The Ministry also coordinates with other Ministers/Departments on behalf of the Small Scale Industries (SSI) sector.
The implementation of policies and various programmes/schemes for providing infrastructure and support services to small enterprises is undertaken through its attached office, namely the Small Industries Development Organisation (SIDO), statutory bodies/other organisations like Khadi and Village Industries Commission (KVIC) & Coir Board, a Public Sector Undertaking, National Small Industries Corporation (NSIC) and three training institutes- National Institute of Small Industry Extension Training (NISIET), Hyderabad, National Institute for Entrepreneurship (IIE),
Shri Mahavir Prasad is the new Minister for Small Scale Industries, Agro and Rural Industries. View Profile
The site of the ministry can be visited at www.ssi.nic.in
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