🏛️ Government Intervention to Support SSI (Small Scale Industries)

Government intervention to support entrepreneurship and small firms is generally designed to:

🔹 (a) Stimulate demand and new venture creation in the emerging sectors

✅ This boosts economic activity and encourages entrepreneurship in innovation-driven and strategic areas.

🔹 (b) Help firms to adopt new technology to avoid market failure

✅ Many small firms face resource constraints in adopting advanced technologies.
✅ Government support helps bridge this gap and improves competitiveness.

🔹 (c) Supporting women participation in business and high-tech firms

✅ Encouraging diversity and inclusivity through women entrepreneurship, especially in high-tech sectors, enhances innovation and economic equity.