Which of the following policies has the Indian government adopted to promote small-scale industries?

CA Foundation · Business Economics · MTP · January 2025
Which of the following policies has the Indian government adopted to promote small-scale industries?
(A) A. Granting subsidies to large multinational corporations
(B) B. Providing financial and technical assistance to small businesses
(C) C. Encouraging imports of capital goods for industrial use
(D) D. Abolishing labour laws to increase industrial output

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Providing financial and technical assistance to small businesses

Topics: Public Finance

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