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Question

Forms of Support Offered to Small Industries by the Government include which of the following?

A
Institutional support in respect of credit facilities
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B
Provision of developed sites for construction of sheds
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C
Assistance for domestic and export marketing
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D
All of the above
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Solution

The correct option is C All of the above
Small businesses are privately owned corporations, partnerships, or sole proprietorships that have fewer employees and/or less annual revenue than a regular-sized business or corporation.

First Plan, there were a total of six boards, i.e., All India Handloom Board, All India Handicrafts Board, All India Khadi and Village Industries Board, Small-Scale Industries Board, Coir Board and Central Silk Board, established, thus, covering the entire field of small-scale and cottage industries. Following the recommendations of Karve Committee, the Second Five Year Plan focused on dispersal of industries. Accordingly, as many as 60 industrial estates were established for providing basic facilities like power, water, transport, etc., at one place. Certain items were reserved for exclusive production in small- scale industries. The total plan outlay of the Second Plan reached to Rs. 187 crores. The Third Plan especially stressed on the extension of the coverage of small-scale industries. As against a total plan outlay of 264 crores for the development of small scale and cottage industries, only Rs. 240.76 crores, were actually incurred in the Third Plan.


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