National Small Industry Day 2022: 30 August

National Small Industry Day 2022: 30 August

Daily Current Affairs / National Small Industry Day 2022: 30 August

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Category : Important Days Published on: August 31 2022

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National Small Industry Day is observed every year in India on August 30 to recognize the significance of and the contribution of the small industries in India.
National Small Industry Day 2022 aims at encouraging the development and growth of small-scale businesses that contribute as much as 40 percent to the gross industrial value of India’s economy.
Small Scale Industries are those industries in which the manufacturing, production and rendering of the services are done on a small or micro scale.
The Government of India has started various initiatives to promote Small Scale Industry in India. They contribute in making MSMEs stronger and stable in the country. Some of them are- Champions Portal, UDYAM, and National SC-ST Hub

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