Final Project on Ssi

Small Scale Industries Definition According to government activity of India, 2000 SSls An lying-in having an enthronization in whole shebang and machinery of not more than Rs.1 crore. According to comp binglent 11 B of Industries ( Development & Regulation Act, 1951) , the Central administration may, by notified order specify the requirements which shall be complied with by an industrial childbed to enable it to be regarded as an ancillary or a small scale industrial undertaking. The Central Government is required to take into account following factors before devising any notified order under Section 11 B of the Act: (a) The investment by the industrial undertaking in plant and machinery or land, buildings, plant and machinery; (b) The nature of ownership of the industrial undertaking; (c) The number of workers employed in the industrial undertaking; (d) The nature, cost and quality of the product of the industrial undertaking; (e) hostile exchange if any, required for the import of any plant or machinery by the industrial undertaking (1)Small Scale Industrial Undertaking An industrial undertaking in which the investment in fixed assets in plant and machinery, whether held on ownership terms or on postulate or on hire purchase, does not top off rupees one crore.

(2) Ancillary Industrial Undertaking An industrial undertaking which is engaged or is proposed to be engaged in the manufacturing or production of parts, components, or the rendering of services, and undertaking supplies or proposes to supply or renders not more than fifty per cent of its production or services, as the case may be, to one or more different industrial undertaking and whose investment in fixed assets in plant and machinery, whether held on ownership terms or on lease or on hire purchase, does not exceed rupees one crore. Note : No small scale or ancillary industrial undertaking referred to above shall be foot soldier of, or owned or controlled by any early(a) industrial undertaking. Value of Plant and... If you want to get a full essay, order it on our website: Orderessay

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