The correct answer is: a) Attract investment and promote industries.
Meghalaya’s Industrial and Investment Promotion Policy aims to attract investment and promote industries in the state. The policy provides a number of incentives and benefits to investors, including tax breaks, land grants, and access to infrastructure. The policy is designed to create a favorable environment for businesses to operate in and to attract investment from both domestic and foreign investors.
Option b) is incorrect because the policy does not aim to increase tax rates. In fact, the policy provides a number of tax breaks and incentives to investors.
Option c) is incorrect because the policy does not aim to restrict foreign investment. In fact, the policy is designed to attract investment from both domestic and foreign investors.
Option d) is incorrect because the policy does not aim to nationalize key industries. In fact, the policy is designed to promote private sector investment in the state.