(b) State the advantages of the Maharashtra
Industrial Development Corporation.
Answers
Answer:
Maharashtra Industrial Development Corporation (MIDC) is a scheme of the government of Maharashtra and is the most important Corporation. It provides business with infrastructure and transportation facilities such as land, roads, water supply, drainage facilities and street lights.
• Many industrial hubs, IT corridors and airport have been developed through the MIDC.
• Steady growth
More development in industrial units will ensure more growth in the economy. The growth is ensured by emphasizing more employment opportunities in the state.
• More favourable for a business atmosphere
MIDC makes the state more favourable for industrial and business development. More business attracts the investment from foreign for starting a new industry and business.
Answer:
Please see the attached file for the answer
