Question

The Cabinet has provided some additional allocations for  the industrial development scheme, 2017 for Himachal Pradesh and Uttarakhand.Which of the following is/are true in accordance with the allocations provided? I.  The cabinet has approved an additional allocation of over Rs 1,100 crore for the industrial development scheme, 2017 for Himachal Pradesh and Uttarakhand. II.The additional fund was required to meet the liabilities under the scheme up to 2029-30. III.All eligible new industrial units and existing industrial units on their substantial expansion in the manufacturing and service sector  will be provided Central Capital Investment Incentive for access to credit (CCIIA

  • C @ 30% of the investment in Plant and Machinery with an upper limit of Rs.5.00 crore. IV.All eligible new industrial units and existing industrial units on their substantial expansion will be eligible for reimbursement of 100% insurance premium on insurance of building and Plant & Machinery for a maximum period of 8 years from the date of commencement .
A Only I & III
B Only II & IV
C Only II & III
D Only III & IV
E None of these
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