Small Industry Development-Restructuring the Institutional Frame

Restructuring the Institutional Frame Ram K Vepa Small industry is now recognised as a vital component of the industrial economy of the country; the Seventh Five Year Plan envisages a rapid increase in the volume of production and quality of goods made in small scale sector. To achieve this objective, the ministry of industry commissioned a Review of the working of the Small Industry Development Organisation (SIDO) to recommend how it should be restructured to respond to the needs of the industry and the priorities hid down in the Seventh Plan.