cottage industries

1. Importances of Cottage and Small
Scale Industries
There is a shortage of capital and technical skill in subcontinental. It
is not possible to establish the heavy industries. While it is very
easy to increase the number of small scale industries.
Following are the main advantages of small scale industry in
subcontinental :
1.Increase in Industrial Products
There is a shortage of manufactured goods in our area. We spend
a lot of foreign exchange on the import of these goods every year.
So we should increase the small scale and cottage industry to
remove the shortage of these goods.

2. 2. INCREASE IN EMPLOYMENT
The rate of unemployment is increasing day by day. To control
unemployment it is necessary that we should increase the
small scale industries because these are labour intensive.
Our farmer can also easily work in small scale scale
industry. It is not possible to provide Govt. jobs to all the
unemployed people. It may also increase the self
employment.
3. Increase in Foreign Exchange Earnings
The various kinds of goods like carpets and sports
sold in the international market. We earn a lot of
foreign exchange by exporting these goods.

3. 4. Use of Industrial waste :-
The waste of large scale industries like cotton and steel
can be used by the small scale industry. In this way we
can save a lot of capital.
5. Provides Employment to Women :-
Our women is engaged in the cottage and small scale
industry and increasing the production. Because in our
society women can not work with other men in the
factories. We should increase the number of cottage
industries to make the female sector a real asset of the
nation.

4. 6. Increase in The Income :-
Increase in the production of goods on small scale increase the
income of the people. The rise in income improves the standard of
living. In rural areas there is great need of small scale industry.
7. Cheaper Production :-
The small scale industry is labour intensive while labour is cheap
in subcontinental, so the production of small scale industry is
cheaper. Due to low prices people purchase more goods and
market expands.
8. Proper Distribution of Wealth :-
The small scale industry increases the income of the people and
reduces the gap between rich and poor. We can reduce the
poverty by expanding the small scale industry.

5. 9. Establishment With Small Capital :-
We can establish these industries with small capital. In
subcontinental most of the people are poor, so they can
start the production with small capital.
10. Development of Backward Areas :-
We can develop backward areas by establishing the small scale
industry in these areas. It will remove poverty from backward
areas.
11. Reduction of Population Pressure :-
The development of small scale industry reduces the pressure of
population on land and increases the income of the people.
12. Reduction in Migration :-
The unemployed labour force is migrating to the other countries. If
we expand the small scale industry, it can serve the nation instead

6. Women Entrepreneurs in Bangladesh
Rural women are involved in cattle and poultry rearing, rice husking,
spice making, imitation ornament trading, pickle making and other
micro businesses. Urban women are mostly involved in block printing
and boutiques, bakery and fast food, doll making, tailoring, fabrics paint,
interior decoration, etc. Women entrepreneurs prefer to start their
business in sectors where female employment is concentrated. The
choice of the sector is limited by various factors such as resource
constraint, female aversion to risk-taking, etc., which forces them to
engage in activities with low entry barriers and low financial risks such
as food processing and or clothing and textile sector. Hence female
businesses have smaller employment and sales than male business.
Majority are micro and small enterprises, employing less than 10
persons. Most of them are sole proprietors. Participation of women as
entrepreneurs has also improved their quality of life and their
households. They serve as a role model for young generation for self-