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SMALL INDUSTRY-Threat from Environment
Threat from Environment ENVIRONMENT policies evolved out of the need to change unsustainable patterns of development? especially, in developed economies. The impact of these policies on developing country economies has been, however, to move them further away from attaining equitable and. therefore, sustainable development. There are already signs of this trend which, with 'globalisation and liberalisation, will only get strengthened, unless rigorous criteria are applied to implementing environment-friendly policies. The impact is likely to be even moredisastrous in countries like India which had attempted until a decade ago to evolve industrial policies allowing for the growth of the state sector and for indigenous entrepreneurial interests, especially in the small sector.