The correct answer is: a) Limited skilled workforce.
Meghalaya is a state in north-eastern India. It is one of the least developed states in India, with a per capita income of just over $1,000. The state has a number of challenges to industrial development, including a limited skilled workforce, competition from China, and lack of government support.
The state’s population is young and growing rapidly, but the education system is not able to keep up with the demand for skilled workers. This means that many businesses in Meghalaya have to rely on importing skilled workers from other states or countries. This can be a major barrier to investment, as it increases the cost of doing business.
Meghalaya also faces competition from China, which is a major producer of low-cost goods. This makes it difficult for businesses in Meghalaya to compete on price, and they often have to rely on selling high-value goods or services.
Finally, the state government has not been very supportive of industrial development. There are a number of bureaucratic hurdles that businesses have to overcome, and the government has not invested in infrastructure or education in a way that would support industrial development.
These challenges have made it difficult for Meghalaya to attract investment and develop its industrial sector. However, the state has a number of advantages, including a young population, abundant natural resources, and a strategic location. If the government can address the challenges facing industrial development, Meghalaya has the potential to become a major industrial hub in north-eastern India.
Here is a brief explanation of each option:
- Option a: Limited skilled workforce. Meghalaya has a young population, but the education system is not able to keep up with the demand for skilled workers. This means that many businesses in Meghalaya have to rely on importing skilled workers from other states or countries. This can be a major barrier to investment, as it increases the cost of doing business.
- Option b: Competition from China. China is a major producer of low-cost goods. This makes it difficult for businesses in Meghalaya to compete on price, and they often have to rely on selling high-value goods or services.
- Option c: Lack of government support. The state government has not been very supportive of industrial development. There are a number of bureaucratic hurdles that businesses have to overcome, and the government has not invested in infrastructure or education in a way that would support industrial development.
- Option d: Abundant natural resources. Meghalaya has abundant natural resources, including coal, limestone, and minerals. However, the state has not been able to develop these resources in a way that benefits the local economy.