WELCOME TO YOU I Heartily welcome you to read few important points which I've noted from the webinar. ------------------------------ Research and innovation Innovation refers to implementing new ideas for the development of industry and other fields like agriculture which aims at growth. It also refers to ideas for improving existing ones. Human resource (Refers to skills and abilities of a person) are result in qualitative research and education. Linking any of the subject to the matter of society leads to development of new areas in the subject. Each subject may have different goals and fields but, research is same. Concentrating on subject and digestion of matters from other books is very important which is possible only by continues acquisition of knowledge and work. Inability of the students in terms of research, new findings and exploration is the failure of the teacher. Adaptation is very important for research. (Adaptation refers to software and scientific skills) which imp

WELCOME TO YOU I heartfully welcome you to read this post. In previous posts, We've already written Concepts related to Industries. to read that post: Visit  https://economics-subject.blogspot.com/2021/06/concepts-in-industrial-sector.html With that knowledge we're going to read about:  Meaning of Industries Types, Importance in economic growth major problems faced by the industry, Measures to support and promote industrial growth, How government is involved to support industries. Importance of industries in a country.  Industry Industry is one of the major sector in the economy. It increases employment, efficiency in a labour, promotes regional development, education, infrastructure etc. Simply Industry deals with extraction, conversion and production of goods  Small Scale Industries If the process of manufacturing and production is done in small scale that means on smaller amount, it is called as a small scale industry. It has number of advantages like equal distribution of i