North East Industrial and Investment Promotion Policy - General Economics & Indian Economy

Q.  Consider the following statements

1. North East Industrial and Investment Promotion Policy covers Manufacturing and services sector

2. It will get exemptions from Excise duty and income tax for 10 years

Which of the above statements is/are correct?
- Published on 05 May 15

a. Only 1
b. Only 2
c. Both
d. None

ANSWER: Both
 
For promoting industrialization in the north eastern states and overall growth of this region, the NEIIPP is launched by central government.

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