Handicrafts Industry Finance in India
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Handicrafts industry finance in India has increased in recent years. The industry of Handicrafts finance in India has helped in the growth of the industry. The Indian Handicrafts products reflect the rural cultural value and its richness of heritage.
The Indian Handicrafts industry is mainly based in the rural areas of the country. The majority of the production units of the industry of Handicrafts in India are based in rural and small towns. The Indian Handicrafts industry provides the second largest employment opportunities to the people in the country. As the industry of Handicrafts in India is based mainly in rural areas it provides employment opportunities to the rural people mainly.
The majority of the people who work in the Handicrafts industry in India are women and those people who belong to the weaker sections of the society. The Handicrafts industry in India is a low capital investment industry for the products are prepared by using hands or with the use of simple tools.
The various reasons for the growth of Handicrafts industry finance in India are that the people in the rural areas do not have extra money to set up business. As a result they need financial help to start the handicrafts business. Further the Handicrafts industry in India has been on the rise for the amount of export in the industry has increased at a very rapid pace. The people in the rural areas thus in order to make money are setting up more and more Handicrafts based businesses. This has also led to the growth of the finance in the industry of Handicrafts in India.
The various advantages of Handicrafts industry finance in India are that it has helped many rural people to become self-dependent. For if they had not got financial help then they would not have been able to set up their own Handicrafts business. Further the advantages of the finance in the industry of Handicrafts in India are that as the number of business increased, the number of employment opportunities also increased. Thus Handicrafts industry finance in India helped to provide jobs to many people in the rural areas. Handicrafts industry finance in India advantages includes that it has given a major boost to the economy of the country. The National Bank for Agriculture & Rural Development is one such bank that provides Handicrafts industry finance in India.
Handicrafts industry finance in India has given a major boost to the industry. It has also helped the rural people to improve their financial condition a lot. This in its turn has improved the country's overall economy. Thus the government of India as well as the various banks should make even more efforts to increase Handicrafts industry finance in India. This will help the Handicrafts industry in India to reach its heights.
Last Updated on 19 May 2011
The majority of the people who work in the Handicrafts industry in India are women and those people who belong to the weaker sections of the society. The Handicrafts industry in India is a low capital investment industry for the products are prepared by using hands or with the use of simple tools.
The various reasons for the growth of Handicrafts industry finance in India are that the people in the rural areas do not have extra money to set up business. As a result they need financial help to start the handicrafts business. Further the Handicrafts industry in India has been on the rise for the amount of export in the industry has increased at a very rapid pace. The people in the rural areas thus in order to make money are setting up more and more Handicrafts based businesses. This has also led to the growth of the finance in the industry of Handicrafts in India.
The various advantages of Handicrafts industry finance in India are that it has helped many rural people to become self-dependent. For if they had not got financial help then they would not have been able to set up their own Handicrafts business. Further the advantages of the finance in the industry of Handicrafts in India are that as the number of business increased, the number of employment opportunities also increased. Thus Handicrafts industry finance in India helped to provide jobs to many people in the rural areas. Handicrafts industry finance in India advantages includes that it has given a major boost to the economy of the country. The National Bank for Agriculture & Rural Development is one such bank that provides Handicrafts industry finance in India.
Handicrafts industry finance in India has given a major boost to the industry. It has also helped the rural people to improve their financial condition a lot. This in its turn has improved the country's overall economy. Thus the government of India as well as the various banks should make even more efforts to increase Handicrafts industry finance in India. This will help the Handicrafts industry in India to reach its heights.
Last Updated on 19 May 2011
