Practicing Success
Practicing Success
CUET Preparation Today
How is a 'small-scale industry' defined in India? |
Based on the annual revenue generated. Based on the maximum investment allowed on assets. Based on the location in rural areas. Based on the number of employees. |
Based on the maximum investment allowed on assets. |
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. |
