Small Industry Day 2021

National Small Industry Day is celebrated on August 30 each year in India to commemorate the contribution of small-scale industry to the country’s growth.

Daily Current Affairs Quiz 2021

The day is marked to promote and support enterprises in the small scale industry for growth and setting up new businesses to generate employment opportunities.

The government of India had reportedly introduced an extensive policy package for the small-scale industry on August 30, 2000, to support small businesses in the country and since then National Small Industry Day is observed every year dedicated to small enterprises.

Small Scale Industry (SSI) registration is used interchangeably with micro, small, and medium enterprise (MSME) registration while the MSME Development Act 2006 provides for facilitating the promotion, development, and enhancing the competitiveness of MSMEs or SSIs.