1.

Sate government’s role in encouraging private sector industries.

Answer»

Encouragement to private sector industries:

  • To encourage private sectors, government provide various type of assistance to private individuals like purchasing land at concessional rate, electricity, water, tax benefits and finance at lower rates.
  • This way government encourages competition and creates a favourable market environment.
  • Government has also given entry to private sector in several areas which initially were restricted to public sector only.


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