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

Question

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

Answer 1

Government offers support to small industries in the following forms:

• Institutional support in respect of credit facilities;
• Provision of developed sites for construction of sheds;
• Supply of machinery on hire purchase system;
• Technical and financial help for technical upgradation;
• Special incentives for setting up of industries in backward areas;
• Provision for training facilities;
• Assistance for domestic and export marketing.