Small Industry Day 2024 today, find out what the importance of this day is

Small Scale Industries Day 2024: In recognition of the value added to the Indian market by various small businesses and industries, 30 August is observed as Small Scale Industries Day in India. This day is celebrated to encourage small scale businesses to grow and create more employment opportunities for the youth of the country.

What is the history of Small Industries Day?

The history of National Small Scale Industries Day begins in the year 2000. That year, the Ministry of Small Scale Industries (SSI) had announced a comprehensive policy package for small businesses. The objective of this policy package was to provide the necessary support to small businesses to grow and prosper. The policy package was successful and helped promote the growth of small industries in India. In recognition of this success, in 2001 the Government of India declared 30 August as National Small Scale Industries Day.

What is the importance of Small Industry Day?

This day plays an important role in the life of young entrepreneurs in the country. This will create a self-reliant environment and improve the economic status of the country. The rise of medium and small scale industries is creating a wonderful ecosystem in rural and urban areas.

What is the meaning of National Small Industries Day?

Recognize the importance of small scale industries in the Indian economy.

Celebrating the contribution of small industries to the country’s development.

Highlighting the challenges facing small businesses and calling for government support.

Promote entrepreneurship and innovation among small businesses.

To create awareness about the importance of small-scale industries among the population.

When is Small Industries Day 2024 celebrated?

Small Industry Day 2024 is celebrated every year on August 30.

Why is Small Industries Day celebrated?

Small Industries Day is celebrated across the country to promote small businesses and provide job opportunities to unemployed men and women to improve their lives.

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