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Browse Articles by "Economics"
Title: Backward Area Subsidies and Location of Projects
Authors: G Srinivasan
Issue/Year: Oct-1980
Section: Research
Abstract: In 1971 the Government of India announced a subsidy scheme to develop backward areas. Projects located in these areas are eligible or 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.
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