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  RURAL AND COTTAGE SECTOR

Rural industries embrace all industries which are run by rural people in rural areas. These industries are based primarily on the utilization of locally available raw materials, skills and small amount of capital. The rural industries can be broadly classified into a) cottage industries, b) village industries, c) small industries, d) tiny industries and e) agro-based industries. A cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility. Cottage industries are defined by the amount of investment required to start, as well as the number of people employed. They often focus on the production of labor-intensive goods but face a significant disadvantage when competing with factory-based manufacturers that mass-produce goods.The first cottage industries were light manufacturing operations in England and the United States engaged in subcontracted garment-making, textiles or sewing, as well as shoemaking and small metal machine parts. They may have been made up of family members engaged in producing finished goods by utilizing raw materials supplied by a business manager. Many contemporary industries that currently operate in factories were once cottage industries before the Industrial Revolution.Competitive dancers, figure skaters, and other similar performers often wear original, handmade costumes. If skilled enough, designers who began by creating costumes for their own children and maybe a few others can end up creating a cottage industry for themselves.Although the sector faces huge problems like:•Lack of Finance•Competition•Problem of Raw Material•Old Methods of Production, etc.The small scale businesses are not only a huge contributor to the Indian economics but also promote gender equality and employment ratio. It decreases poverty rate and bridges the economic gap residing in our country. Thus we need more ideas and human power to solve the problem faced by this sector.Sources- Various, Britannica, Wikipedia..

RURAL AND COTTAGE SECTOR

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