The correct answer is: d) All of the above.
The Andhra Pradesh State Industrial Development Corporation (APSIDC) is a state-owned enterprise that was established in 1962 to promote industrial development in Andhra Pradesh. The APSIDC plays a key role in land acquisition for industries, joint ventures with private firms, and providing industrial finance.
The APSIDC acquires land for industries through a variety of methods, including direct purchase, lease, and acquisition through the Land Acquisition Act. The APSIDC also provides industrial finance through a variety of schemes, including term loans, working capital loans, and equity participation.
The APSIDC has been successful in promoting industrial development in Andhra Pradesh. The Corporation has acquired land for over 1,000 industries and has provided industrial finance to over 500 industries. The APSIDC has also played a key role in the development of industrial estates in Andhra Pradesh.
The APSIDC is a valuable asset for the state of Andhra Pradesh. The Corporation has played a key role in promoting industrial development and has helped to create jobs and economic growth in the state.
Here is a brief explanation of each option:
a) Land acquisition for industries: The APSIDC acquires land for industries through a variety of methods, including direct purchase, lease, and acquisition through the Land Acquisition Act.
b) Joint ventures with private firms: The APSIDC has entered into joint ventures with private firms to develop industrial projects.
c) Providing industrial finance: The APSIDC provides industrial finance through a variety of schemes, including term loans, working capital loans, and equity participation.