Section 2   [ View Judgements ]

Definitions

In this Act, unless the context otherwise requires,



(a) "Board" means the Board of Industries constituted under section 3;



(6) "co-operative society" means a co-operative society registered or deemed to be registered under the Orissa Co-operative Societies Act, 1962;



(c) "co age industry" means any industrial business or enterprise carried on in any premises to which the Factories Act, 1948 does not apply and includes any industry carried on by a co-operative society or an individual himself or with the help of members of his family and laborers includes sericulture, pisci-Culture horticulture, dairy farming, poultry farming, bee keeping and lac making;



(d) "District. Industries Officer" means any person appointed by the State Government to discharge the functions of a District Industries, Officer under this Act;



(e) "Director" means the Director of Industries and includes any person appointed by the State. Government to discharge the functions of the Director under this Act;



(f). "industry" means any industrial business or enterprise including one connected with Agriculture, conducted and- undertaken either by an individual or by a Co-operative Society or by a Company, association or body of individuals whether incorporated or not and includes a marketing society established under the Orissa Co-operative. Societies, Act, 1962;



(g) "machinery" includes plant, apparatus, tools, appliances, and other mechanical equipment required for the purposes of carrying on any industrial operation or process;



(h) "prescribed" means prescribed by rules made under this Act;



(i) "Small scale industry" means an industry the Capital outlay of which, at its inception, on giant and" machinery does not exceed-



(1) fifteen lakhs of rupees in the case of an industry which is ancillary to another industry not being a. cottage or village industry;



(2) ten lakhs of rupees in the case of any other industry; or such other sum as the State Government may, from time to time determine;



(j) "village industry" means any industry which forms the normal occupation, whether whole-time or part time, of any class of the rural population of the State.

#LexTechSuite #Section #Act #Law #Statute #IndianLaw #Kanoon