incentives are necessary for the growth and development of small business units. explain incentives provided by the government

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Solution

Dear student,
The following are the incentives provided by the government with regard to small business:

Provision of land at concessional rates

Supply of electricity at discounted rates

Provision of loans at concessional rates

Provision of subsidies for accumulation of capital

Provision of raw material on priority basis

Tax exemptions

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