The cottage industries operating in India are playing an important role in the growth of the national economy. The Indian Industrial strategy has always considered cottage industries an integral part of the economy. The government is also very encouraging in this area and are protecting the small-scale industries by specifying certain products only reserved for them to produce.
The cottage industries are important because of the following reasons:
- Providing employment to thousands of people hence helping reduce unemployment and poverty.
- There is a balance in the development in the regional industries
- The variety of products like handicrafts, embroidered items, pottery, handmade carpets and rugs etc are very popular among the international community and this provides more opportunities to these industries.
So it is important that these industries are more and more developed so that it is better for the people and also for the balance in the economy of the country.
The cottage industries are important because of the following reasons:
- Providing employment to thousands of people hence helping reduce unemployment and poverty.
- There is a balance in the development in the regional industries
- The variety of products like handicrafts, embroidered items, pottery, handmade carpets and rugs etc are very popular among the international community and this provides more opportunities to these industries.
So it is important that these industries are more and more developed so that it is better for the people and also for the balance in the economy of the country.
