A Big Daddy or New Kids on the Block -What Will a Fresh Graduate Choose???

Abstract

Post independence Indian economy shifted focus from dependent economy to self sustainable economy. In India third Five year plan onwards, a lot of emphasis was given on entrepreneurship or setting up businesses. The small-scale sector has particularly emerged as a vibrant and dynamic segment of the economy in recent past. It is a matter of great importance and pride that India has distinct leading position of its own amongst the developing economies particularly in the sphere of small scale sector. India has a vast reservoir of scientific and technical manpower, occupying third position in the world as far as technical manpower is concerned. Small scale industrial sector received specific focus on growth and development in the industrial policy measures, after the new industrial policy was announced on August 6, 1991. These policy measures of SSI sector have given considerable focus and attention towards modernisation, technology upgradation, quality and human resources development.