The correct answer is: A. Power plant
The power sector is one of the most important sectors of the Indian economy. It is responsible for providing electricity to all sectors of the economy, including households, industries, and businesses. The power sector is also responsible for generating electricity from a variety of sources, including coal, natural gas, nuclear power, and renewable energy sources.
In recent years, the power sector has seen a significant increase in the number of proposals for establishments of units. This is due to the growing demand for electricity in the country. The government has also been encouraging the development of the power sector by providing various incentives and subsidies.
The following are some of the reasons for the increase in the number of proposals for establishments of units in the power sector:
- Growing demand for electricity: The demand for electricity in India is growing at a rapid pace. This is due to the increasing population, urbanization, and industrialization of the country.
- Government incentives: The government has been encouraging the development of the power sector by providing various incentives and subsidies. These incentives include tax breaks, land subsidies, and financial assistance.
- Private sector participation: The private sector has been playing a major role in the development of the power sector. Private companies have been setting up power plants and transmission lines.
- Renewable energy sources: The government has been promoting the use of renewable energy sources, such as solar and wind power. This has led to an increase in the number of proposals for establishments of units in the renewable energy sector.
The increase in the number of proposals for establishments of units in the power sector is a positive development. It will help to meet the growing demand for electricity in the country. It will also create jobs and boost economic growth.
The other options are incorrect because they are not as important as the power sector. Food processing, sugar, and tea are all important industries, but they do not have the same level of importance as the power sector.