Cottage and small scale industries are the backbone of Indian economy. Justify the statements giving suitable reasons

d.eandeconomicreform
cbse

#1

It is rightly stated because Cottage Industries and Small scale Industries offers following benefits to Indian economy :
(i) These industries are labour intensive and
thus generate more employment per unit of production.
(ii) These industries make use of local resources thus utilising them fully.
(iii) These are helpful in reducing regional disparities.
(iv) These industries supplement the income of those people who do not get sufficient income from agriculture and allied activities.