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