Small Industry Set up

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Small Industry Set up


 Based on the period for which the funds are required, the business finance is classified into three categories : 

(a) Short term finance. 
(b) Medium term finance.
 (c) Long term finance. 


The amount of funds required by a business for more than five years is called long term finance. Generally, this type of finance is required for the purchase of fixed assets like land and building, plant and machinery, furniture etc. 

The four merits of short term finance are as follows : 
(a) Economical. 
(b) Flexibility.
 (c) No interference in management.
 (d) May also serve long term purposes. 



 The owner of the asset is called 'lessor' and the user is called 'lessee'. 

A small scale industry is one investing in plant and machinery upto rupees one crores.

 

Following are the problems of SSI: 

(a) Problem of raw materials.
 (b) Problem of technique. 
(c) Problem of finance.
 (d) Problem of marketing.
 (e) Competition from large-scale industries. 


 Small-Scale Industry : 

A small scale industry is one having investment in plant and machinery (fixed capital) upto 71 crore. Tiny industry is one having investment in plant and machinery upto 25 lakh it is important to mention here that capital investment for this purpose means the investment in plant machinery and excludes the investment in land and building. 

Cottage Industry : 

A cottage industry is one which is run as full time or part time occupation mainly with the help of family members. Cottage industries are known as household industries (tIoz)also. In a cottage industry, capital investment is almost nil and most of the works are performed by hand. 
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 Departmental Organisation:

Departmental organisation means a system of state enterprise which is financed and controlled like any other government department. Auditing of accounts and recruitment of employees are made on the same principle as in other government departments. 
VCharacteristics: 

The characteristics of departmental organisation are as follows
 (a) Financial Administration : 

Financial administration of departmental organisation is made through government exchequer. 

V(b) Accounts and Audit: 
Budget, accounts and auditing of such enterprises are carried out as other departments of government.

 (c) Recruitment of Personnel :

 Employees of these enterprises are appointed by public service commissions. (d) Sovereign Immunity of State: Departmental organisations enjoy sovereign immunity of states No suit can be filed on it without government permission. 


The term "incentives" is a general one and includes concessions, subsidies and bounties. Subsidy denotes a single lumpsum which is given by a government to an industry.

 
Subsidies and incentives offer the following advantages:

 (a) They act as a motivational force which makes the prospective entrepreneurs to enter into manufacturing line. 

(b) They encourage the entrepreneurs to start industries in backward areas.

 (c) By proving subsidies and incentives the government can () Bring industrial development uniformly in all regions. (ii) Developing more new entrepreneurs which leads to entrepreneurial development 



Incentives are needed 

(a) To remove regional disparities in development.

 (b) To promote entrepreneurship and strength the entrepreneurial base in the economy.

 (c) To provide competitive strength, survival and growth. 

(d) To generate more employment and remove under employment and unemployment

Entrepreneur
Entrepreneur is the agent who purchased the means of production for into marketable product.

Entrepreneurship

The word "entrepreneur"  is derived from the French word enterprendre, which means  to Undertake. This refers to those who " Undertake" the risk of new enterprise . An enterprise is created by an entrepreneur. The process of creation is called "Enterpreneurship"

Entrepreneurship Development

Entrepreneurship Development or growth refers to the process of enhancing entrepreneurial skills and knowledge through structured training and institution building programs. 


EDP = Enterpreneureal Development          
            Program 
Designed to help a person in strengthening and fullfiling his Enterpreneureal motive and in acquiring skills and capabilities necessary to play in his  Enterpreneureal role effectively. 



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अर्थ्यवस्था में प्रसिद्ध व्यक्तित्व

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चित्र
भारत में बेरोजगारी के आंकड़े नेशनल सैंपल संघटन द्वारा एकत्रित एवं प्रकाशित किय जाते है।  विश्व में चीन प्रथम राष्ट्र है जिसने आधिकारिक रूप से पारिवारिक कार्यक्रम नियोजन की अपनाया  निगम कर कंपनियों की आय पर लगाया जाता है  भारत की पहली जनगणना 1872 में की गई थी। योजना आयोग का उपाध्यक्ष कैबिनट मंत्री का दर्जा प्राप्त व्यक्ति होता है । वित विधेयक द्वारा सरकार वर्ष भर राजस्व एकत्र करने की व्यवसथा करती है । India brand equity fund  की स्थापना  1956 में की गई थी। मल्होत्रा समिटी का गठन बीमा क्षेत्र में सुधार के लिए सिफारिश देने के लिए किया जाता है। माह विभाजन  का वर्ष शब्द जनसंख्या के सन्दर्भ देने के लिए 1921 से बढ़ती जनसंख्या से प्रयोग किया जाता है।  Dwcra ग्रामीण क्षेत्र में महिला और बाल विकास कार्यक्रम से अभिप्राय है। घाटे कि वित्त व्यवस्था का अर्थ आगमन से अधिक खर्च करना  सम्पत्ति की अवधारणा में मानवीय सम्पत्ति को फ्रीडमैन ने सम्मिलित किया था । प्रबल प्रयास सिद्धांत आर रोड़ान से सबांधित है । भारत की द्वितीय योजना सोवियत मॉडल पर आधारित है कृ...
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