Distinguish between the following.

1. Cottage Industries and small scale industries

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Solution

Basis Cottage industry Small-scale industry

Investment level Up to 25 lakh can be invested Investment should be more than Rs. 25 lakh but less than Rs. 5 crores

Technique use Use of manpower is high Both manpower and machines are used

Source of labour Employs family members as labour Labourers can be hired from outside

Raw Material Raw material is obtained from local area Raw material can be obtained from outside

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Basis	Cottage industry	Small-scale industry
Investment level	Up to 25 lakh can be invested	Investment should be more than Rs. 25 lakh but less than Rs. 5 crores
Technique use	Use of manpower is high	Both manpower and machines are used
Source of labour	Employs family members as labour	Labourers can be hired from outside
Raw Material	Raw material is obtained from local area	Raw material can be obtained from outside