Question
Discuss steps of Indian government to develop industries.

Answer

1. Industrial Policy : The government has introduced various industrial policies to encourage industrial growth.
2. Financial Assistance : Institutions like IDBI, IFCI, and SIDBI provide finance to industries.
3. Infrastructure Development : Development of power, transport, and communication facilities supports industrial growth.
4. Tax Concessions and Subsidies : The government provides tax reliefs and subsidies to promote industries.
5. Promotion of Small-Scale Industries : Special incentives and schemes are provided for small and cottage industries.
6. Make in India Programme : The government encourages domestic and foreign investment through this initiative.

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