Question

Name two institutions set up by the government of India to promote small scale industries in rural India. Explain their role.

Answer 1

Dear student,

The two institutions set up by the government of India to promote small scale industries in rural India government :

i) NABARD:- It promotes rural development by providing cheap and easy credit to rural areas.
ii) SIDBI:- It provides various financial and non financial incentives under various schemes.

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