Question

Explain government as promoter​

Answer 1

Explanation:

In the economic path of any country, the government must act as a promoter and not a limiter.

To promote the pace of economic growth, Government introduces several developmental projects and provides subsidies and tax holiday to attract investment in backward areas.

The government then also offer soft loans in under developed areas and tax exemptions to promote the development in those areas, which ultimately help in better distribution of population as well

Answer 2

Answer:

Explanation: In the economic path of any country, the government must act as a promoter and not a limiter. To promote the pace of economic growth, Government introduces several developmental projects and provides subsidies and tax holiday to attract investment in backward areas