The sugar industry is one of Karnataka's important _____ industries.
A. Small-scale
B. Medium-scale
C. Large-scale
D. None of these
Answer
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Hint: The sugar industry of Karnataka employs a huge number of people and uses an extensive amount of machines and instruments. It runs with huge investments. It is one of the important contributors to the state’s welfare and the country’s GDP.
Complete answer:
- Industries that require a colossal framework and labor with an inundation of capital resources are Large Scale Industries. In India, large scale enterprises are the ones with a fixed resource of more than 100,000,000 rupees or Rs.10 crores.
- The Sugar Industry in Karnataka contributes around 36 crores every year to the state exchequer in central excise obligation. The Government invests more than 1000 crores every year in it. It likewise offers more than 900 crores as turnover duty and deals assessment to the state exchequer. The state government trying to help Karnataka Sugar Industry has set up the Karnataka Sugar Institute (KSI) which has arisen as a middle for schooling and preparing for sugar innovation. The Karnataka Sugar Institute likewise offers significant help to the Sugar Industry in Karnataka by doing R&D in the different parts of sugarcane handling and creation.
- Small-scale industries require capital less than 1 crore whereas medium-scale require less than 5 crores.
Additional Information
-Karnataka Sugar Industry has contributed an extraordinary arrangement to India's all out-degree of sugar creation and accordingly has helped the nation to fulfill its need for sugar. The Karnataka state government must put forth more attempts to support the sugar business in Karnataka.
-Karnataka Sugar Industry positions third regarding its commitment of sugar in the absolute sugar creation in the nation. Indeed, Karnataka stands fourth in the nation in the development of sugarcane.
Hence, the correct answer is option (A).
Note:
Complete answer:
- Industries that require a colossal framework and labor with an inundation of capital resources are Large Scale Industries. In India, large scale enterprises are the ones with a fixed resource of more than 100,000,000 rupees or Rs.10 crores.
- The Sugar Industry in Karnataka contributes around 36 crores every year to the state exchequer in central excise obligation. The Government invests more than 1000 crores every year in it. It likewise offers more than 900 crores as turnover duty and deals assessment to the state exchequer. The state government trying to help Karnataka Sugar Industry has set up the Karnataka Sugar Institute (KSI) which has arisen as a middle for schooling and preparing for sugar innovation. The Karnataka Sugar Institute likewise offers significant help to the Sugar Industry in Karnataka by doing R&D in the different parts of sugarcane handling and creation.
- Small-scale industries require capital less than 1 crore whereas medium-scale require less than 5 crores.
Additional Information
-Karnataka Sugar Industry has contributed an extraordinary arrangement to India's all out-degree of sugar creation and accordingly has helped the nation to fulfill its need for sugar. The Karnataka state government must put forth more attempts to support the sugar business in Karnataka.
-Karnataka Sugar Industry positions third regarding its commitment of sugar in the absolute sugar creation in the nation. Indeed, Karnataka stands fourth in the nation in the development of sugarcane.
Hence, the correct answer is option (A).
Note:
- Uttar Pradesh and Maharashtra together offer 66 percent of sugar creation.
- Uttar Pradesh, Maharashtra, and Karnataka have produced 111 million tons of sugar, more than 79 percent of the complete creation of 139.13 mt over the most recent five years, uncovers the information introduced by the Ministry of Agriculture to the Lok Sabha.
- Gujarat and Tamil Nadu rank fourth and fifth in the outline.
- Uttar Pradesh, Maharashtra, and Karnataka have produced 111 million tons of sugar, more than 79 percent of the complete creation of 139.13 mt over the most recent five years, uncovers the information introduced by the Ministry of Agriculture to the Lok Sabha.
- Gujarat and Tamil Nadu rank fourth and fifth in the outline.
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