Current Affairs - Tamil Nadu Schemes & Governance
Which of the following incentives is NOT typically offered under Tamil Nadu's industrial policy to attract investments?
Which of the following incentives is NOT typically offered under Tamil Nadu's industrial policy to attract investments?
hard Q10 of Q15
Step-by-Step Solution
Step 1: Identify common incentives under Tamil Nadu industrial policy
The state offers capital subsidies, tax exemptions, and concessional land to attract investors.Step 2: Analyze the option about ownership
Mandatory 100% local ownership is not a typical incentive; Tamil Nadu encourages foreign and joint investments.Step 3: Why other options are correct incentives
Capital subsidy reduces initial investment burden. Tax exemptions improve profitability. Concessional land lowers setup costs.Final Answer:
Mandatory local ownership of 100% → Option BQuick Check:
Mandatory local ownership of 100% = correct ✅
Quick Trick: Remember Tamil Nadu welcomes foreign and joint ventures.
Common Mistakes:
MISTAKES- Assuming strict local ownership is required for investment incentives.
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