General Studies · Small Scale Industries
A government launches schemes providing credit guarantees, technology upgradation support, and preferential procurement from small enterprises. The most appropriate primary objective of such measures is to:
- 1Replace private entrepreneurship with public enterprises
- 2Strengthen the competitiveness and sustainability of the SSI sector✓
- 3Ensure complete financial independence of SSI units
- 4Eliminate competition between small and large firms
Correct answer
Strengthen the competitiveness and sustainability of the SSI sector
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