Backward Area Concessions
Industrial units in backward areas received:
- Free land and labour
- Tax benefits and electricity at lower tariff — Correct Answer
- Free raw materials
- Guaranteed profits
Explanation:
Correct Answer Explanation
Units in backward areas received tax benefits and electricity at lower tariff to promote regional equality.
Key Points:
- Easier to get licenses in economically backward areas.
- Policy aimed at balanced regional development.
📚 About this Topic — CH-2: INDIAN ECONOMY 1950–1990
This multiple choice question is from CH-2: INDIAN ECONOMY 1950–1990, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-2: INDIAN ECONOMY 1950–1990 to strengthen your preparation.
