Question

Write any two incentives offered by Government for Industries in rural area *
2 points
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Answer 1

Answer:

Some of the common incentives provided by the government far industries in backward and hilly areas are as fallows

(i) Land Every state offers developed plots for setting up of industries. The terms and

conditions may vary. Some states don’t charge rent in the initial years, while some allow ’ '

payment in instalments.

(ii) Power Power is supplied at a concessional rate of 50 %, while some states exempt such units from payment in the initial years

Answer 2

Answer:

Government helps to Entrepreneur to start Business in rural area . Some of Them are :-

i. Land

ii. Power

iii. Income Tax

iv. Raw Materials

v. Funding

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