Role of Cottage Industry in Indian Economy

  • Unique Paper ID: 162944
  • Volume: 10
  • Issue: 11
  • PageNo: 473-478
  • Abstract:
  • One of the most important contributors to the Indian economy is an industry known as cottage industries. To encourage the growth of cottage businesses, there will be an increase in funding. By and large, the expression "economic development" alludes to the endeavors that are made to work on the way of life and economic wellbeing of a specific district through the execution of quantitative and subjective changes in the economy.This piece of writing focuses on the contribution that cottage industries make to the growth of the economy. Several aspects of economic growth have been recognized, and we have found that the cottage industry is making a significant contribution there. In order to provide such an explanation, we have gathered primary data by means of a standardized questionnaire. In addition, the challenges that are related with cottage industry are discussed in this research. In the course of this research, five different types of cottage industries were investigated. The contributions that each industry has made to the overall economic growth of India are the primary topic of this academic study. We conclude by putting out a few suggestions for the growth of the cottage industry in India, with the goal of ensuring that this sector is able to flourish and make a greater contribution to the country's overall economic development.

Cite This Article

  • ISSN: 2349-6002
  • Volume: 10
  • Issue: 11
  • PageNo: 473-478

Role of Cottage Industry in Indian Economy

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