Cottage and Small Scale Industries
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Cottage and small scale industries are facing several problems due to large scale industries because of the following reasons (given in the options) except ________.Marks:1
large scale units are scattered
Cottage and small scale industries face tough competition from large scale units as they are highly efficient and organized. Also, goods are produced by large scale industries at lower cost using modern technology.
Identify the role which is not performed by small scale and cottage industries.Marks:1
Concentration of Industries in few regions
The various role performed by small scale and cottage industries are as follows:
· Decentralisation of Industries
· Less Pressure of Population on Land
· Increase in Production
· Equal Distribution of Income and Wealth
The industries like bidi making, embroidery industries in which work is done by mostly family members are classified as ____________.Marks:1
The industries like bidi making, embroidery industries in which work is done by mostly family members are classified as cottage industries.
The industries in which fixed Capital Investment is up to 25 lakhs is classified as __________________.Marks:1
The industries in which fixed Capital Investment up to 25 lakhs are classified as tiny industries.
Small Scale Industries refer to all those units which have fixed capital investment of _________.Marks:1
up to ₹ 5 crores
Small Scale Industries refer to all those units which have a fixed capital investment of up to ₹ 5 crores. For example, Khadi and handloom, handicrafts, sericulture, etc.