11th Class Business Studies Small Business Question Bank Small Business (Short)

  • question_answer
    What is the definition used by government of India for Small Scale Industries?


    Ans.     Government uses the criterion of size of capital employed in plant and machinery to define Small Scale Industries. It is depicted in the table given below:
    Type of Industry Investment Limit (-)
    Small Scale Industry 1 crore (For 71 products it is 5 crores)
    Ancillary Industry 1 crore (50% of the output supplied to the parent unit.)
    Tiny Enterprise 25 Lak
    Service and Business (Industry related Enterprise) 10 Lakhs
    Women Enterprise Any of the above (51% of the holding by the women and managed by women)
    Export Oriented Units (EOUs) 1 Crore (100% EOUs can sell 25% in domestic markets.)

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