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Small and Medium en Terprise-An Overview-: Presented by T.P.Misra
Small and Medium en Terprise-An Overview-: Presented by T.P.Misra
Small and Medium en Terprise-An Overview-: Presented by T.P.Misra
MISRA
DEFINITIONS
Micro Enterprise: Investment in P&M25 lacs manufacturing & upto Rs 10 lacs in equipment in service sector S.S.I-Investment in p&m does not exceed Rs500lacs in P&M and Rs10 to 200 lacs in equipment in service sector Medium Enterprise: Above 500 lacs and upto Rs1000lacs in P&M in manufacturing and Above rs 200 lacs upto Rs500 lacs in
DEFINITIONS
Equipment in service sectorncillary unitsproposes to supply 50% of its production or services Tiny units-Investment in p&m does not exceed Rs25lacs Village & cottage industry.--population not exceeding 50000.
DEFINITION CONTD.
Women enterprises--SSI related related service where share of the women as partner shareholders,directors not less than 51%. Export oriented units--exports at least 30% of its production. SSSBE--An industry related service business enterprises with investment in fixed assets upto 5lacs except land&bldg
Importance of S.S.I.
Provides employment next to Agri. Accounts 40% of the total export of the country Plays crucial role in the economy.
Kapur committ.recom.contd.
Exemption of collaterals upto 1lac Upto 10lacs the collaterals plus netmeans of 3rd party guarentee should not exceed 50%of fund & non fund based business. Banks should at least should finance 10% of its accounts without collaterals.