Authors :
Dipti Thapa
Volume/Issue :
Volume 9 - 2024, Issue 1 - January
Google Scholar :
http://tinyurl.com/yc8afmyd
Scribd :
http://tinyurl.com/3vwd5bjy
DOI :
https://doi.org/10.5281/zenodo.10649654
Abstract :
The basic building blocks of economic activity are small scale industries This sector has a higher
contribution to GDP with reduced capital investment, provides more employment opportunities and is
offering unique products and services that correspond to their customers' needs. This paper aims to
present the problems and prospects of small scale industries in Kalimpong District. The objective of
this study was to assess the performance and analyze the challenges and opportunities which influence
the profitability of this industry. Survey method was used in this study to collect primary and
secondary data. A number of respondents were 150 entrepreneurs during collection of data through
sampling method. Data were analyzed by descriptive and statistical method. The results revealed that
main motivation of small scale entrepreneurs was financial incentive. These industries directly or
indirectly overcome the unemployment issues and made them self-reliant. The paper also highlights
the major problems faced by these industries such as frequent power cut offs, low pay rolls, shortage
of labour etc. However, the results illustrates that these industries have better prospects in the future
and can widely contribute to the exports and generate revenue.
The basic building blocks of economic activity are small scale industries This sector has a higher
contribution to GDP with reduced capital investment, provides more employment opportunities and is
offering unique products and services that correspond to their customers' needs. This paper aims to
present the problems and prospects of small scale industries in Kalimpong District. The objective of
this study was to assess the performance and analyze the challenges and opportunities which influence
the profitability of this industry. Survey method was used in this study to collect primary and
secondary data. A number of respondents were 150 entrepreneurs during collection of data through
sampling method. Data were analyzed by descriptive and statistical method. The results revealed that
main motivation of small scale entrepreneurs was financial incentive. These industries directly or
indirectly overcome the unemployment issues and made them self-reliant. The paper also highlights
the major problems faced by these industries such as frequent power cut offs, low pay rolls, shortage
of labour etc. However, the results illustrates that these industries have better prospects in the future
and can widely contribute to the exports and generate revenue.
