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Vishnu started his factory for manufacturing plastic items in Daman. As per the advise of his Manager, he appointed ‘Bizmadeeasy’ company to formulate a business plan for his manufacturing unit. The company in it’s business plan mentioned the cost of installing a water waste treatment plant within the premises of the manufacturing unit.Interpret any two socio-economic benefits expected to acquire from the proposed investment. |
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Answer» The socio economic benefits are: (1) Employment generation (2) Import substitution (3) Ancillarisation (4) Export promotion (5) Local resource utilization (6) Development of the area |
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