Which committee is also known as Village and Small Scale Industries Committee?

Correct option is B

Correct Answer: (b) Karve Committee
Explanation:
· The Karve Committee (1955) is also known as the Village and Small Scale Industries Committee.
· It studied the problems of cottage, village, and small-scale industries and recommended measures to promote rural industrialisation in India.
· The committee emphasized decentralised production and employment generation in rural areas.
Information Booster:
· The Karve Committee highlighted the importance of small industries in reducing rural unemployment.
· It also stressed improving credit access, technology, and marketing support for village industries.
· Its recommendations influenced early Five-Year Plans aimed at rural economic development.
Additional Knowledge :
· (a) Chakravarty Committee:
· Related to the review of the Indian monetary system (1985).
· (c) PK Mohanty Committee:
· Associated with recommendations on urban governance reforms, not village industries.
· (d) KV Kamath Committee:
· Formed by RBI in 2020 to recommend loan restructuring policies for COVID-affected sectors.