Industrial concessions, offered for establishing industry in the backward regions of the country?
a) tax holiday
b) subsidized power supply
c) both (a) and (b)
d) none of these
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Tax holidays and subsidized power supply are some of the industrial concessions which are offered for establishing industry in the backward region of the country.
• Option “C” is correct i.e. both A and B.
• When Industries are developed in backward regions, it produces employment opportunities for people there.
• It leads to improved connectivity and development of transport facilities.
• It brings about inclusive growth and success of the region.
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