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Questions and Answers
What is the primary purpose of the Advisory Committee formed by the Central Government of India?
What is the primary purpose of the Advisory Committee formed by the Central Government of India?
To provide expert advice on articles or classes that may be reserved for production by small scale industrial undertakings.
Who are the key members of the Advisory Committee?
Who are the key members of the Advisory Committee?
Members include the Secretary to the Government of India from various departments such as Small Scale Industries and Commerce, among others.
What factors does the committee consider when making recommendations?
What factors does the committee consider when making recommendations?
The committee considers economic production, employment levels, entrepreneurship, and prevention of economic power concentration.
How does the Central Government implement the committee's recommendations?
How does the Central Government implement the committee's recommendations?
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Why is preventing concentration of economic power important according to the committee's objectives?
Why is preventing concentration of economic power important according to the committee's objectives?
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What role does entrepreneurship play in the committee's recommendations?
What role does entrepreneurship play in the committee's recommendations?
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Study Notes
Advisory Committee Formation
- Established by the Central Government of India to evaluate and recommend articles or classes for small-scale industrial production.
- Aims to provide expert guidance on production reservations for ancillary and small scale industries.
Committee Composition
- Includes key officials:
- Secretary, Ministry of Small Scale Industries and Agro and Rural Industries (Chairman)
- Secretary, Department of Industrial Policy and Promotion
- Advisor, Village and Small Industries Division, Planning Commission
- Secretary, Department of Commerce
- Additional Secretary, Development Commission, Small Scale Industries (Member Secretary)
Factors Influencing Recommendations
- Economic viability of article production.
- Capacity for job creation and employment opportunities.
- Encouragement of entrepreneurship in small industries.
- Strategies to prevent monopolization and concentration of economic power, aimed at protecting common interests.
Government Authority
- The Central Government has the power to issue notified orders designating specific articles for exclusive production by small-scale and ancillary industrial units.
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Description
This quiz focuses on the Advisory Committee established by the Central Government of India to guide small scale industrial undertakings. It covers the roles of key members and their influence on production regulations. Test your knowledge about the committee's structure and objectives.
