Explain any two special schemes for developing industries in rural, backward and hilly areas

small-business
cbse

#1

Two special schemes for developing industries in rural, backward and hilly areas are as follows :

  1. Priority financing: Under this scheme, Commercial banks, cooperative banks, regional rural banks, KVIC and state financial corporations advance loans to small businesses operating in the above said areas.
    2.Provision of land and industrial sheds : For establishing industries in rural, backward and hilly areas, the Govt, provides land and industrial sheds for industrial purpose at concessional rates.