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Attempt the following. Explain the meaning of Small Scale industries.

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प्रश्न

Attempt the following.

Explain the meaning of Small Scale industries.

संक्षेप में उत्तर
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उत्तर

Small Scale Industries are those industries where fixed assets i.e. plant and machinery which is owned or hired or taken on lease basis, do not exceed more than one crore. MSMED has classified Small Scale Industries into the manufacturing sector and services sector, and further into three categories of business i.e. Micro business, Small business, and Medium business.

Subsequently, over a period of time, a new definition was introduced by the MSMED Act, 2006 (Micro Small and Medium Enterprises Development) is as follows:

(A) Manufacturing Enterprises:

  1. A micro enterprise, Where the investment in plant and machinery is less than Rs. 25 lakh.
  2. A small enterprise, where the investment is more than Rs. 25 lakh but less than Rs. 5 crores.
  3. A medium enterprise, where the investment in plant and machinery is more than Rs. 5 crores but less than Rs. 10 crore.

(B) Service Enterprises:

  1. A micro enterprise, where the investment in equipment is less than Rs.10 lakh.
  2. A small enterprise, where the investment in equipment is more than Rs. 10 lakh but less than Rs. 2 crores.
  3. A medium enterprise where the investment in equipment is more than Rs. 2 crores but less than Rs. 5 crores. An industrial unit can be categorized as a small business if it fulfills the above capital investment criteria.
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अध्याय 3: Small Scale Industry and Business - EXERCISE [पृष्ठ ५८]

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बालभारती Organisation of Commerce and Management [English] Standard 11 Maharashtra State Board
अध्याय 3 Small Scale Industry and Business
EXERCISE | Q 6 1) | पृष्ठ ५८

संबंधित प्रश्न

Select the correct option and rewrite the sentence.

India is __________ abundant country.


State True or False:

Majority Small Scale industry uses advanced technology.


State True or False:

Small Business can not survive in the competition.


Find the odd one.


Find the odd one.


Complete the sentence.

SSI is _________ largest industry which creates huge employment opportunities.


Complete the sentence.

SSI are ________ intensive.


Select the correct option.

A B
More than ₹ 25 lakhs but Does not exceed ₹ 5 cores ______________

Select the correct option.

A B
More than ₹ 10 lakhs but does not exceed does not exceed ₹ 2 crores __________

Correct the underined word and rewrite the following sentence.

Small scale Industry uses advanced technology.


Correct the underined word and rewrite the following sentence.

SSI begins with large amount of capital.


Correct the underined word and rewrite the following sentence.

A business proposal is the first step in setting up a small scale business.


Explain the following term/concept.

Traditional Industrial Sector


Study the following case/situation and express your opinion.

Mr. Ram wants to start a Small Scale business of manufacturing parts of bicycles or machinery.

  1. Identify the first step or stage of setting up his Small Scale business.
  2. State the different ways of raising the capital for his business.
  3. 'Marketing is a necessary step of running a business,’ comment on it.

Give one word/phrase/term. For the following sentence.

An industry using power with less than 50 employees.


Give one word/phrase/term for the following sentence.

An industry using power with less than 50 employees


Give one word/phrase/term for the following sentence.

An industry using power with less than 50 employees.


Give one word/phrase/term. For the following sentence.

An industry using power with less than 50 employees.


Give one word/phrase/term. For the following sentence:

An industry using power with less than 50 employees.


Which feature is NOT typically associated with Small Scale Industries?


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