BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Concessional finance.
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Quantum of Subsidy.
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Interest Subsidy.
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Central Investment Subsidy.
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Detailed explanation-1: -The granting of cash subsidy on the capital investment is called concessional finance.
Detailed explanation-2: -The granting of cash subsidy on the capital investment is called A Concessional | Course Hero.
Detailed explanation-3: -Central Capital Investment Subsidy Scheme : All new industrial units and existing industrial units on their substantial expansion, would be eligible for Capital Investment Subsidy 15% of the investment of Plant & Machinery, subject to a ceiling of Rs. 30 lakh.
Detailed explanation-4: -Capital investment subsidy was initially introduced by the central government in 1971 to promote industry in the backward regions of the country. In this scheme, a one-time support of 15 per cent of the fixed capital investment was provided to the industrial units.