Backward area subsidies and location of projects
Abstract
In 1971 the Government of India announced a subsidy
scheme to develop backward areas. Projects located in
these areas are eligible for a subsidy of one-tenth of
fixed capital in the case of new units and one-tenth of
additional fixed capital in the case of existing units.
This paper looks into how operationalization of the
scheme has affected decisions relating to selection and
location of projects.
Collections
- Journal Articles [3698]