Question

Write the meaning of tiny sector with example

Answer 1

Answer:

Tiny Scale industry

• Tiny Industry: Tiny Scale industry is one in which the investment in plant and. machinery is less than Rs.25 lakhs irrespective of the location of the unit. • Small Scale Industry: An industrial undertaking in which the investment in plant.

Answer 2

Tiny sector are the spinal cord of our corporate industries, as they provide a variety of non-conventional, low technological products. The objective of the small scale industries is to develop the standard of living, hike the income, generates better opportunities, and provide employment in rural areas.

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