5th December, 2002
Ministry of Small Scale Industries  


GROWTH RATE IN SSI SECTOR INCREASED


The growth rate registered during first quarter of the current financial year in Small Scale Industries (SSI) sector has been estimated at 7.13 per cent. This growth rate has been 1.18 per cent more as compared to the same quarter of the previous year. As a result of various ongoing schemes and programmes, the number of SSI units including tiny unit, has increased from 29.44 lakh (registered and unregistered) in 1997-98 to 34.64 lakh in 2002-02. The total number of Small Scale units, both in registered and unregistered, in the country at the end of March, 2002 is estimated at 34.42 lakhs with fixed investment of Rs. 84329 crore. The Central Government has been implementing various schemes for the benefit of the small and tiny sector in the country covering areas of credit, infrastructure, technology, marketing, entrepreneurship development etc.

This information was given by Minister of State for Small Scale Industries, Smt. Vasundhara Raje in written reply to a question in Rajya Sabha today.