The Meghalaya Industrial Development Corporation (MIDC) plays a role in:

Developing industrial estates
Providing financial assistance to industries
plays a role in: a) Developing industrial estates b) Providing financial assistance to industries c) Promoting export-oriented industries
All of the above

The correct answer is: d) All of the above.

The Meghalaya Industrial Development Corporation (MIDC) is a state government undertaking established in 1974 to promote industrial development in the state of Meghalaya. The MIDC plays a role in developing industrial estates, providing financial assistance to industries, and promoting export-oriented industries.

The MIDC has developed a number of industrial estates in the state, including the Shillong Industrial Estate, the Tura Industrial Estate, and the Jowai Industrial Estate. These industrial estates provide infrastructure and facilities to industries, such as land, water, electricity, and roads.

The MIDC also provides financial assistance to industries through a number of schemes, such as the Meghalaya State Industrial Development Fund (MSIDF) and the Meghalaya State Industrial Promotion Scheme (MSIPS). These schemes provide loans and grants to industries for setting up new units, expanding existing units, and modernizing existing units.

The MIDC also promotes export-oriented industries by providing a number of services, such as market research, product development, and export marketing. The MIDC also organizes trade fairs and exhibitions to promote Meghalaya’s products in the international market.

The MIDC’s role in promoting industrial development in Meghalaya has been significant. The MIDC has helped to create a number of jobs in the state and has contributed to the growth of the state’s economy.

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