What are the different ways by which small scale industries in rural areas can be promoted?

Open in App

Solution

Small scale industries in rural areas can be promoted in the following ways:

1.Government initiative for setting them up in rural areas.

2.Financial support through loans or initial capital investment by government to those who intend to set small scale industries.

3.Sanctioning more and more loans and finance for small scale industries.

Suggest Corrections

Similar questions

Explain the role of small scale industries in rural areas.

Q. Cottage industries are set up in rural areas, whereas small-scale industries are set up in cities and semi-urban areas.

"Small Industries are small in size but play a big role in the development of rural areas". Explain briefly the role of small industries in rural areas.

Q. Which of the following agencies promote small-scale industries in Tamil Nadu?

Q. Which of the following was established to promote small-scale industries by providing subsidies and technical assistance for new firms in the small-scale sector?

Join BYJU'S Learning Program