CURRENT AFFAIRS

Detailed explanation-1: -Recognising the value bestowed upon the Indian market by various small-scale businesses and industries, the 30th of August is celebrated as small scale industry day in India.

Detailed explanation-2: -On August 30, 2000, the Ministry of Small-Scale Industries announced a comprehensive policy package for small businesses. The policy helped small businesses with the development of infrastructure and technology. A year later, the Centre formally declared August 30 as the National Small Industry Day.

Detailed explanation-3: -National Small Industry Day : “Every Big scale endeavor always starts from Small” 30th August 2022 - Centre for Responsible Business.

Detailed explanation-4: -Small Scale Industries Board (SSIB) was constituted in 1954 by the government of India. Its primary aim was to provide advisory for the growth of small scale industries in the country.

Detailed explanation-5: -Some of the small scale industries in India are: Paper Plates manufacturing. Tissue paper manufacturing. Pickle manufacturing.