Question

Identify the enterprises in the following cases when the investments in its plant machinery and equipment are :
i) Upto ₹ 25 lakhs in the manufacturing enterprise.
ii) Above ₹ 5 crores and upto ₹ 10 crores in manufacturing enterprise.
iii) Upto ₹ 10 lakhs in a Service enterprise.
iv) Above ₹ 3 crores and below ₹ 5 crores in service industry.

Answer 1

The Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 in terms of which the micro, small and medium enterprises are defined. Accordingly, a small and medium enterprise is an enterprise where the investment in plant and machinery is more than Rs. 25 lakh but does not exceed Rs. 5 crore.

Answer 2

Answer:

Sorry but it was urgent to give answer anywere!