Practicing Success
At present, a small -scale industrial unit was one which invested a maximum of rupees __________________. |
Rs 50 Lakhs Rs 1 Crore Rs 5 Crores Rs 2 Crores |
Rs 1 Crore |
A ‘small-scale industry’ is defined with reference to the maximum investment allowed on the assets of a unit. This limit has changed over a period of time. In 1950 a small -scale industrial unit was one which invested a maximum of rupees five lakh; at present the maximum investment allowed is rupees one crore. |