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Indian Economy 1950-1990 — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsIndian Economy 1950-19904 Marks
Question
Give any four features of small scale industries.
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Answer

  1. Small Scale Industries (SSI) are an industrial unit with the maximum investment allowed of rup cxees one crore.
  2. SSI are considered to be more labour-intensive so they generate more employment.
  3. SSI cannot compete with large industrial firms.
  4. SSI were given special concessions like lower rate of interest on loans and lower excise duty, etc.

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