Question : G.D.P. DECLINED IN SSI



(a) whether the Government have formulated any Policy for Small Scale Industries;

(b) if so, the details thereof;

(c) whether contribution of SSI Sector to the G.D.P. has declined in the first nine months of year 2001 over the corresponding period of previous year;

(d) if so, the reasons therefor; and

(e) the steps proposed to be taken by the Government to increase its contribution in the current year?

Answer given by the minister


THE MINISTER OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF SMALL SCALE INDUSTRIES, MINISTER OF STATE IN THE DEPARTMENT OF PERSONNEL AND TRAINING,DEPARTMENT OF PENSIONS AND PENSIONERS` WELFARE OF THE MINISTRY OF PERSONNEL,PUBLIC GRIEVANCES AND PENSIONS, MINISTER OF STATE IN THE MINISTRY OF PLANNING AND MINISTER OF STATE IN THE DEPARTMENTS OF ATOMIC ENERGY AND SPACE ( SMT. VASUNDHARA RAJE )


(a) & (b): Policy measures already exist for promoting and strengthening Small Scale Industries (SSI) in the country. In order to enhance their competitiveness both domestically and globally, Government have announced a Comprehensive Policy Package for SSIs on 30th August, 2000 which provides for easier access to credit, marketing support, availability of collateral free composite loan upto Rs. 25 lakhs, capital subsidy for technological upgradation and improved infrastructure.

(c): No, Sir.

(d): Question does not arise.

(e): Support to the SSI sector shall continue in the current year through the implementation of ongoing programmes and schemes to enable them to further enhance their contribution to the GDP.