Industrial Scenario in West Bengal after Post Liberalization Period
The present research work aims at analyzing the growth of Small Scale Industries (SSI) in West Bengal after Post Liberalization Period. The study examines whether there is any growth happened in West Bengal after post-liberalization in Small Scale Industries. The study gives some recommendation for future development.The Small Scale Units have been playing a very important role in our economy in terms of employment generation, export promotion and balanced regional development. The polices of liberalization and de-reservation and have affected the growth pattern of this vital sector of our economy, particularly after 1993-94. All the key indicators of SSIs are showing sluggish growth pattern after 1993-94.There is a positive correlation between Production of Unit and Employment in the small scale industries in West Bengal.The analysis of employment productivity at current prices shows that scale of production of SSIs is the most significant factor in improving employment productivity. The change in the base of National Income estimation and also de-reservation policies has positively affected the employment productivity,so the production intensities are growing at a uniform rate.