Question

why do government gives subsidy to entrepreneurs to set up industries in backward areas??​

Answer 1

Answer:

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▶️In order to encourage the establishment of industries in backward areas, the government provides land plots at concessional rates, especially to industrialists in backward regions. This makes setting-up industries cheaper. (b)Power: Power is an essential requirement for the functioning of business enterprises.◀️

Explanation:

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Answer 2

In order to encourage the establishment of industries in backward areas, the government provides land plots at concessional rates , especially to industrialists in backward regions . This makes setting-up industries cheaper.

Power :power is an essential requirement for the functioning of business enterprises.

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