Economics · Industrial Development
What is the primary function of State Industrial Development Corporations (SIDCs) in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Promoting industrial development by providing financial aid and infrastructure facilities to industries.✓
- 2Creating employment opportunities through various skill-based training programs.
- 3Setting quality and export standards for Indian products in the international market.
- 4Regulating the monetary policy and credit flow for large scale manufacturing units.
Correct answer
Promoting industrial development by providing financial aid and infrastructure facilities to industries.
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