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?

Tamil Nadu Small Industries Development Corporation (TANSIDCO)

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Tamil Nadu Small Industries Corporation Limited (TANSI)

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Tamil Nadu Industrial Development Corporation (TIDCO)

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State Industries Promotion Corporation of Tamil Nadu (SIPCOT)

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Solution

The correct option is A Tamil Nadu Small Industries Development Corporation (TANSIDCO)
Tamil Nadu Small Industries Development Corporation (TANSIDCO) was established in 1970 to promote small-scale industries in the state. It also provides subsidies and technical assistance to new firms in the small-scale sector.

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The _____ provides central assistance for the promotion and development of small scale industries in India.

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