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Globally, Micro and small enterprises have been accepted as the engine of economic growth. In Indian economy, the sector (MSME) consisting of 3.15 million units provide employment to over 73.22 million persons. Inaddition, the sector contributes significantly to the manufacturing output, employment, exports and GDP of the country. They also play a key role in the development spirit. Small and medium enterprises play a vital role in propelling the Indian economy. It is time they were provided with a suitably encouraging environment for growth, not just for local growth, but to take India's growth futher in the global arena. In the sixty-five year of freedom, India's economy has seen roller- coaster changes from an environment of free enterprise to a closely controlled regime of centralized planning. From an open-door policy to an atmosphere market by xenophobia and a penchant for self-reliance. Now, things have come full circle. The book has been divided into Six Sections. Section I deals with General Management aspects relating to small-scale industry. Section II gives a detailed account of production and related issues of small-scale industry. Section III touches upon financial management in all its facets. Section IV dwells upon marketing the products of small-scale industries Section V discusses the various concessions, reliefs and incentives offered to small-scale industry by the Central Government, States and other institutions, including voluntary agencies and Section VI look at the outlook for SME's. Contents - Section I : Framework and Organisation 1. Small Scale Industry: An Overview 2. Legal Framework 3. Organisational Structure 4. Concept of Decision Making and Implementation 5. Planning for Performance 6. Staff Training 7. Rules and Regulations Governing Small-scale Industry 8. Policy Support to Small-scale Enterprises Section II : Production Management 9. Production in Small-scale Industry 10. Optimum Size of the Plant 11. Production Process 12. Production Planning in Small-scale Industry 13. Production Control 14. Product-mix 15. Cost of Production 16. Full Utilisation of Production Facilities 17. Technical Know-how 18. Technology – The Competitive Weapon Section III : Financial Management 19. Means of Financing 20. Capital Structure 21. Working Capital Management 22. Working Capital Finance – The Tandon Committee Norms 23. Institutional Financial Assistance 24. Financial and Simple Cost Records 25. Planning and Control of Profit 26. Taxation Benfits Section IV : Marketing Management 27. Marketing Management 28. Methods of Marketing 29. Marketing Research 30. Pricing policy 31. Distribution Channels 32. Advertising 33. Sales Promotion 34. Sales Management 35. E-commerce: A Golden Opportunity 36. Implications of World Trade Organisation on Small-scale Sector Section V : Concession and Reliefs to Small-Scale Industry 37. Concession and Reliefs by the Central Government 38. Concessions and Reliefs by State Governments Section VI : Outlook 39. Global Competitiveness Strategies for Small-scale Industries 40. Export Potentials of Small-scale industries 41. Major Problems of Small-scale Industries 42. Sickness in Small-scale Industries and Remedies 43. Prospects for Small-scale Industries 44. Discover the Future Growth 45. Success Stories Appendices Selected Bibligrraphy
