Providing financial assistance
Developing industrial estates
supports industries by: a) Providing financial assistance b) Developing industrial estates c) Facilitating technology transfer
All of the above
Answer is Right!
Answer is Wrong!
The correct answer is: d) All of the above.
The Assam Industrial Development Corporation (AIDC) is a government-owned corporation that was established in 1973 to promote and develop industries in the state of Assam. AIDC provides financial assistance to industries in the form of loans, grants, and subsidies. It also develops industrial estates, which are areas where industries can set up shop. In addition, AIDC facilitates technology transfer by providing information and support to industries that are looking to adopt new technologies.
Here is a brief explanation of each option:
- Option (a): Providing financial assistance. AIDC provides financial assistance to industries in the form of loans, grants, and subsidies. This assistance can be used to cover the costs of setting up a new industry, expanding an existing industry, or modernizing an existing industry.
- Option (b): Developing industrial estates. AIDC develops industrial estates, which are areas where industries can set up shop. These estates provide industries with access to infrastructure, such as roads, electricity, and water. They also provide industries with a sense of community and a network of support.
- Option (c): Facilitating technology transfer. AIDC facilitates technology transfer by providing information and support to industries that are looking to adopt new technologies. This assistance can include providing information about new technologies, helping industries to identify and acquire new technologies, and providing training to industries on how to use new technologies.