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Question

According to 2004-05 projection, the SSI sector contributed about _______ percent towards the industrial production as a whole.

A
40
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B
32
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C
25
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D
48
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Solution

The correct option is D 40
In the small scale industry the members of the family along with hired labour work together.
The small-scale industries sector plays a vital role in the growth of the country. It contributes almost 40% of the gross industrial value added in the Indian economy.It has been estimated that a million Rs. of investment in fixed assets in the small scale sector produces 4.62 million worth of goods or services with an approximate value addition of ten percentage points.

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