Question

Allocation of financial resources on industrial sector for last ten years​

Answer 1

Answer:

In the past couple of years, the Government seems to be focusing on building ... growth plan for the manufacturing sector by investing resources in infrastructure and ... The finance budget 2017 provides for substantial allocation towards these areas. ... Further, additional INR 80,000 million has been allocated to complete 10 ...

Explanation:

Answer 2

Allocation of financial resources on industrial sector for last ten years:

• The industrial sector has been the most dominant sector of the Indian economy. The industrial sector has an important role to play in the total growth of the economy.  

• There has been a major allocation of financial resources towards the growth of the industrial sector.  

• There have been a number of reform initiatives by the Government of India that has significantly improved the overall business environment.

• To improve the ease of doing business and for improvements in the industrial sector, the government is brought in a number of reforms and provided resources.  

• According to the report of World Bank of Doing Business India has improved its ranking to 77th position from the 100th earlier position.  

• It has improved the economic growth of the country and created employment for the people.

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