Economics · Economy
With reference to institutional technology upgradation and credit linked capital subsidies for rural micro and small enterprises, consider the following statements: 1. Capital subsidy schemes aim to facilitate technology upgradation in rural industries by providing capital support to micro and small enterprises. 2. NABARD plays a key role as a nodal agency for routing and channelising technology upgradation subsidies through rural cooperative banks and Regional Rural Banks (RRBs). 3. Financial assistance and incentives are credited to the beneficiary's loan account to ensure the formalization and tracking of end-use. Which of the statements given above are correct?
- 11 and 2 only
- 22 and 3 only
- 31 and 3 only
- 41, 2 and 3✓
Correct answer
1, 2 and 3
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