BUSINESS STUDIES (CLASS 11) WORKSHEET 21-MSME

 MICRO SMALL AND MEDIUM ENTERPRISES 

The Central Government, hereby notifies the following criteria for classification of micro, small and medium enterprises, namely :-
MICRO
Investment in Plant and Machinery or Equipment:
Not more than Rs.1 crore and Annual Turnover ; not more than Rs. 5 crore
SMALL
Investment in Plant and Machinery or Equipment:
Not more than Rs.10 crore and Annual Turnover ; not more than Rs. 50 crore
MEDIUM
Investment in Plant and Machinery or Equipment:
Not more than Rs.50 crore and Annual Turnover ; not more than Rs. 250 cror

Example: 

Aarohana Ecosocial developments Pvt. Ltd

PUNE, MAHARASHTRA 

An unique and interesting model of "upcycling” plastic waste into handicraft using a traditional charkha and handloom, conserving environment and providing livelihood to tribal and rural families. Aarohana Ecosocial developments Pvt. Ltd is a social enterprise working to conserve the environment and enable tribal and rural livelihoods. Aarohana was founded on the belief that development can only be sustainable if it is bottom-up.

Aarohana upcycles plastic carry bags/poly bags into trendy handicraft, by using the traditional process of handloom weaving. This unique process is designed to provide livelihood opportunities to our tribal women and youth. This upcycled-handwoven fabric is then used to make handcrafted utility items such as bags & fashion accessories, office & home decor. ACHIEVEMENTS

Till date, Aarohana EcoSocial Developments has upcycled more than 10 Lakh of waste plastic bags, food wrappers and gift wrappers. The company has successfully provided livelihoods to 15 tribal women and youth and provided them training on usage of handloom and charkha. Aarohana is now in the process of opening another unit. 

CHALLENGES:

The biggest challenge is the segregation of waste; wet, dry, glass and electronic items.

The citizens are still not aware of the plastic crisis, how to manage the house hold waste properly. Second is teaching the skill of operating charkha and handloom.

Third, building a market for our products. Being unique and made from waste plastic needs an extra push to create a different space. 

FUTURE PLAN: 

Aarohana EcoSocial Developments are now in process of opening another unit in addition to existing one. Through this enterprise will be providing more livelihoods to tribal women and youth. The team, led by Amita aims to create more awareness; have sessions with school and college students, community building and ultimately create a better world for all.