“Impact of India’s new reforms on small scale industries in India”

jeevan vithal shinde


The real thrust to the globalization process was provided by the new economic policy introduced by the government of India in jully1991 at the behest of the IMF and the World Bank.  Globalization has led to an unequal completion-a competition between giant MNC’s and dwarf Indian enterprises.

            The small scale sector is a vital constituent of overall industrial sector of the country. The small scale sector forms a dominant part of Indian industry and contributing to a significant proportion of production, exports and employment therefore the present study analyzes the impact of India’s new reforms on Indian small scale industries. The main theme of the paper is to evaluate the performance of small scale sectorbefore and after new reforms and compare them with average annual growth rates to know the impact of new reforms on the performance of small scale sector. The period of the study is 1975 to 2005 and based on secondary information.


Small Scale Sector, New Economic Policy and Reform, Globalization,liberalisation,Privatization

Full Text:



Bala N. (2007), Economic Reforms and Growth of Small Scale Industries, New Delhi,Deep & Deep Publications.

Bansal S.K. (1992), Financial Problems of Small Scale Industries, Anmol Publications, New Delhi.

Datt, R. And Sundaram, K.P.M. (1999) Indian Economy, 39th Edition, , new Delhi,S Chand & Company.

Government of India (1971), Small Scale Industries: A Guide and Reference Hand Book, , New Delhi,Nabhi Publications.

Krishna,M.J. (2004) “World Trade Organisation and Its Implications on Small Scale Industries in Karnataka”, SEDME, Vol.31No.2,pp:91-102.

Mathew, M.(2004) “Small Industry and Globalization” Economic and political Weekly, Vol.XXXIX, No. 20, 15 ,pg: 1999-2000

Sudan ,F.K. (2005) “ Challenges in Micro nand Small Scale Enterprises Developent: Some policy Issues” Synergy: I.T.S Journal of IT and Management, Vol. 3 No. 2, PP : 67-81.

www.rbi. org.in.




  • There are currently no refbacks.

Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.