What are the incentives provided by the government for industries in backward and hilly areas?

Asked by Last Modified  

Follow 2
Answer

Please enter your answer

Krishna Tution

Some of the common incentives provided by the government far industries in backward and hilly areas are: (i) Power Power is supplied at a concessional rate of 50 %, while some states exempt such units from payment in the initial years.(iii) Water Water is supplied on no-profit, no-loss basis or with...
read more
Some of the common incentives provided by the government far industries in backward and hilly areas are: (i) Power Power is supplied at a concessional rate of 50 %, while some states exempt such units from payment in the initial years.(iii) Water Water is supplied on no-profit, no-loss basis or with 50 % concession or exemption from water charges for a period of 5 years. (iv) Tax Holiday Exemption from paying taxes for 5 or 10 years is given to industries established in backward, hilly and tribal areas. read less
Comments

Industrial Estates: Some states encourage setting up of industrial estates in backward areas. Tax holiday: Exemption from paying taxes for 5 to 10 years is given to industries established in backward, hilly and tribal areas.
Comments

Related Questions

Hello everyone, I can teach economics and business studies of 11th and 12th class

U r welcome in the world of providing teaching services to students through this fabulous app. I'm also a Tutor of Commerce having qualifications M.Com, B.Ed, UGC-NET & HTET Qualified with additional...
Sakshi Rao
0 0
5

How can I  start up a business with less money ?

Choose your interest first and start at a very basic level. Slowly you can expend it as you gain more money.
Priya
Banks are providing a wide range of services nowadays. Do you agree?
Yes, banks provide a vide range of services like accepting deposits, lending of advances, honouring financial instrumrnts like cheques, demand drafts, bills etc. Nowadays banks are also providing services...
Rishav
Discuss any three advantages of international business.
The advantages of international business are discussed below: i. Employment: International business helps in increasing employment opportunities in the export-oriented industries. ii. Growth of economy:...
Rajeev
0 0
7

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Recommended Articles

Once over with the tenth board exams, a heavy percentage of students remain confused between the three academic streams they have to choose from - science, arts or commerce. Some are confident enough to take a call on this much in advance. But there is no worry if as a student you take time to make choice between - science,...

Read full article >

With the mushrooming of international and private schools, it may seem that the education system of India is healthy. In reality, only 29% of children are sent to the private schools, while the remaining head for government or state funded education. So, to check the reality of Indian education system it is better to look...

Read full article >

E-learning is not just about delivering lessons online. It has a much broader scope that goes beyond manual paper or PowerPoint Presentations. To understand the reach of E-learning and how the whole process works in developing the Educational system, we will discuss a few points here. Let us find out how this new learning...

Read full article >

While schools provide formal education to the children, the home is where they start learning about things informally. Parents think that schools will take the initiative to educate their children. Well, this is partially true, as parents also play an essential role in bringing up their child. For the development of particular...

Read full article >

Looking for Class 11 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you