Question

The investment limit for tiny sectors will continue to be ________. (Fill in the blank by choosing correct option)
a) ₹ 10 lacs
b) ₹ 25 lacs
c) ₹ 1 lac

Answer 1

The investment limit for tiny sectors will continue to be Rs 25 lakhs.

The small scale industrial sector has become and emerged as the main engine of growth in India in this new millennium.

By the year 2000 and the small scale industry sector has accounted for roughly a 40% of the gross value of the output formed by the manufacturing industry and sector and around 35% of the sum of all exports made in India.