Question

why is it that only the government invest in industries in backward region

Answer 1

Answer:

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. ... Therefore, in order to facilitate the setting up of industries in these areas, electricity is supplied at a discounted rate of 50 percent

Explanation:

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. ... Therefore, in order to facilitate the setting up of industries in these areas, electricity is supplied at a discounted rate of 50 percent

Answer 2

Answer:

Special emphasis on the industrial development of backward, tribal and hilly areas has been the concern of the government of India. Hence, besides providing institutional support, there is package incentives to attract industries in backward areas.

Explanation:

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