State the advantages of the Maharashtra Industrial Development Corpora

1.	State the advantages of the Maharashtra Industrial Development Corporation.
Answer» The advantages of the Maharashtra Industrial Development Corporation are as follows: 1. The state government of Maharashtra established Maharashtra Industrial Development Corporation (MIDC) on 1st August, 1962. 2. Through MIDC, government has set up industries in all districts of Maharashtra. MIDC supports the industrial growth and decentralization of industries. 3. Government gives concessional rates to the estates/industries for electricity, water and taxes. Estates/industries are also provided piece of land at concessional rates by the government. 4. MIDC has been playing an important role in generating employment opportunities in all the 36 districts of Maharashtra. 5. MIDC has been playing an important indirect role in increasing the per capita income and standards of living of people in Maharashtra.

State the advantages of the Maharashtra Industrial Development Corporation.

Answer»

The advantages of the Maharashtra Industrial Development Corporation are as follows:

1. The state government of Maharashtra established Maharashtra Industrial Development Corporation (MIDC) on 1st August, 1962.

2. Through MIDC, government has set up industries in all districts of Maharashtra. MIDC supports the industrial growth and decentralization of industries.

3. Government gives concessional rates to the estates/industries for electricity, water and taxes. Estates/industries are also provided piece of land at concessional rates by the government.

4. MIDC has been playing an important role in generating employment opportunities in all the 36 districts of Maharashtra.

5. MIDC has been playing an important indirect role in increasing the per capita income and standards of living of people in Maharashtra.

Discussion

No Comment Found

Related InterviewSolutions

Match the following:1. Sugarcane(a) Cotton Textile Industry2. Tea Industry(b) Require plenty of water3. Cool humid Climate(c) Marine based Industry4. Chemical industries(d) Raw material5. Processed Sea food (e) Labour Intensive
Tertiary activity is divided into …….. types (a) 4 (b) 3 (c) 2 (d) 5
Classify and explain the industries based on the source of raw materials.
Which of the following is a small industry? (i) Machine parts industry(ii) Book binding industry(iii) Silk industry(iv) Sugar industry
Which of the following cities is not an IT centre? (i) Old Delhi(ii) New Delhi(iii) Noida(iv) Bangaluru
An amount of 2% of the profits have to be utilized for which purpose by industries? (i) Income tax(ii) Corporate social responsibility(iii) Goods and service tax(iv) Sales tax
Explain the importance of I.T. industry.
Which of the following is a medium industry?(i) Sugar industry(ii) Textile industry(iii) Cement industry(iv) Food processing industry
Considering India’s population, the development of industries is a good solution to the problem of unemployment. Explain.
Study the factors given below and state which industries could develop in these regions:(i) Excellent transport facilities, skilled labours, uninterrupted supply of electricity,(ii) Limestone deposits, cheap labour, uninterrupted supply of water and electricity, increasing urbanisation,(iii) Fruit orchards, labour, excellent transportation facilities, unlimited water supply, uninterrupted electricity and ready market.