Page 294 - 9 teachers social book 9 @ 2077 ctp_Neat

The cottage industries while producing the goods or items should follow the criteria
given by the industrial Act 2054 (Amended). They are:
Investment should not exceed 2 lakh.
Electricity cannot be used more than 5 KW.
Handloom, pedal loom, semi-power loom can be used in production

Things to Remember

Types of Industries

Small Scale: Medium Scale: Large Scale:
Capital investment upto Capital investment is capital investment more
5 crores between 5 crore to 15 crores than 15 crores.

Production of Cottage Industries

Artistic products made up of horn, bones,
ceramic fine arts, dying painting, sewing,
weaving and knitting, hand knitted woollen,
mat and blanket (radhi-pakhi), carpentry,
wooden artistic products, etc.

Importance of Industries

The establishment of Nepalese industries began during the period of Juddha
Shumsher. The journey of industry started with the establishment of Biratnagar Jute
Mill in 1936 BS but even after about 140 years the industries is in preliminary state.
Many cottage and Small Scale industries are established but very less number of
medium and large scale industries are established. In the fiscal year 2069/2070 BS
altogether 234 small scale industries were established as per the industrial statistics.
Industries contribute a lot to nation’s economy. It also contributes directly to the
skill development, technology, trade, commerce and business. The fine products
produced in the industries using raw materials will be supplied to the local markets,
nationwide as well as in international markets. The products which are exported to
other countries earn foreign currencies.
It helps in the elimination of poverty creating self-reliant economy. They create
capital, utilize local means and resources, uplift living standards, fulfill daily needs
and promote expert. Additionally, agro-based industries promote agriculture in
double ways, providing right price and encouraging commercial farming. It helps to
earn foreign currencies, save national economy and make surplus in trade. Private
Dynamic Social Studies - Book IX 294