Question

Any two aims of allocation of industrial estate

Answer 1

To promote industrial development, the Government of India has initiated several measures and provided various incentives. Setting up of industrial estates is one such measure. The government launched the programme of setting up Industrial Estates in 1955. The State government is responsible for planning, developing and maintaining the industrial estates. The Central government provides the required financial assistance for the setting up of industrial estates. Financial assistance of the Central government in the form of loans, grants and subsidies are provided to the State government.