Small Industry Day 2023 : 30 August

Small Industry Day 2023 : 30 August

Daily Current Affairs   /   Small Industry Day 2023 : 30 August

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Category : Important Days Published on: September 02 2023

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  • Small Industry Day is celebrated every year on August 30 in India.
  • This day honours the invaluable contributions of small industries, often overlooked yet pivotal drivers of global economies.
  • These industries, driven by unwavering resolve, are the backbone of innovation, job creation, and economic dynamism. At present, small industries make up approximately 40% of India’s overall economy.
  • The roots of Small Industry Day can be traced back to the year 2000. In August of that year, the Indian government created a comprehensive policy package for small-scale industries (SSI).
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