Facilitate new investments
Collect taxes
Regulate Industries
Implement labor reforms
Answer is Right!
Answer is Wrong!
The correct answer is: Facilitate new investments.
The Tamil Nadu Investment Promotion Board (TNIPB) is a government agency that was established in 1996 to promote investment in the state of Tamil Nadu. The TNIPB aims to attract new businesses and industries to the state, and to provide support to existing businesses. The TNIPB offers a range of services to businesses, including:
- Assistance with obtaining land and other permits
- Help with finding skilled workers
- Marketing and promotion of the state to potential investors
The TNIPB has been successful in attracting new investment to Tamil Nadu. In recent years, the state has seen a significant increase in the number of new businesses and industries. This has led to job creation and economic growth in the state.
The other options are incorrect because:
- The TNIPB does not collect taxes. This is the responsibility of the Tamil Nadu government.
- The TNIPB does not regulate industries. This is the responsibility of the Tamil Nadu government and other regulatory bodies.
- The TNIPB does not implement labor reforms. This is the responsibility of the Tamil Nadu government and other government agencies.