Ayushi posted an Question
August 13, 2020 • 00:29 am 30 points
  • UGC NET
  • Economics

144.what is the major objective to establish district industry centre ? (1) to provide financial assistance to the smail scale and cottage industries (2) to pro

144.What is the major objective to establish District industry Centre ? (1) To provide financial assistance to the smail scale and cottage industries (2) To provide technical assistance to the smal! scale and cottage industries (3) (3) to provide finance, technical assistance and raw material to small scale and cottage industries (41 To provide markets for the small scale and cottage industries

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    Nidhi taparia Best Answer

    144. Out of all these, option (3) seems most suitable. Though it is not clearly established how these centres provide raw materials to industry, but still this option is most suitable. Let's learn a little more about these. The industrial Policy 1977 contained the concept of District Industries Centres (DIC). DIC program was initiated on 1st May 1978 as a centrally sponsored scheme. It was a landmark measure in development of cottage and small industries in smaller towns in India. DIC’s were started with a view to provide integrated administrative framework at the district level for industrial promotion.

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