The mining industry in Telangana generates revenue for the state through:

Royalties
Taxes
Employment opportunities
All of the above

The correct answer is D) All of the above.

The mining industry in Telangana generates revenue for the state through royalties, taxes, and employment opportunities.

Royalties are payments made by mining companies to the government for the right to extract minerals from the ground. Taxes are levied on the profits of mining companies. Employment opportunities are created in the mining industry, both directly and indirectly.

Mining companies employ a large number of people, both directly and indirectly. Direct employment is created in the mining industry itself, such as in the extraction of minerals, the processing of minerals, and the transportation of minerals. Indirect employment is created in the support industries that supply goods and services to the mining industry, such as construction, engineering, and transportation.

The mining industry also generates revenue for the state through taxes. Mining companies are subject to a variety of taxes, including corporate income tax, sales tax, and property tax. These taxes are used to fund government services, such as education, healthcare, and infrastructure.

The mining industry is an important source of revenue for the state of Telangana. Royalties, taxes, and employment opportunities all contribute to the state’s economy.

Exit mobile version