question_answer

What forms of support is offered to small industries by the government?

Answer:

Ans.     Government offers support to small industries in the following forms:

(a) Institutional support in respect of credit facilities;

(b) Provision of developed sites for construction of sheds;

(c) Supply of machinery on hire purchase system;

(d) Technical and financial help for technical upgradation;

(e) Special incentives for setting up of industries in backward areas;

(f) Provision for training facilities;

(g) Assistance for domestic and export marketing.