Infrastructure is the basic structures or services needed to sustain a community.For instance, roads and bridges, utility services, waste management services, access to clean water, are all elements of proper infastructure.
The apex bank for industrial credit in India is the Industrial Development Bank of India (IDBI). Established in 1964, IDBI was created to support the growth of industries by providing financial assistance and facilitating the development of industrial infrastructure. It plays a crucial role in promoting industrial development and ensuring the availability of credit for various sectors.
They first played a major role in international trade. They gradually moved into euro monopolistic concerns. South America, Asia and Africa launched their involvement in commercial and industrial development.
specific roles of industry
specific roles of industry
bogoon
The promotional role of the government in relation to industries can be seen as providing finance to industry, in granting various incentives and in creating infrastructure facilities for industrial growth and investment. For example, our government has identified certain backward areas as 'No Industry Districts'. To promote development of such areas, Government provides subsidies and tax holiday to attract investment in backward areas. In this way the government will help the process of balanced development and thereby remove regional disparities. The government is assisting the development of small scale industries. The District Industrial Centers are assisting the development of small industries. The government is actively helping the industrial development of the country by providing finance to them through the development banks.
Foreign exchange earnings and increase in government revenues from tourism result in infrastructure development such as roads, sewage, ...
role of financial institutions in industrial development
Tourists always influenced by the infrastructure. Infrastructure always play a crucial role in tourism development for any state or country. - -inuttarakhand - -
Xubei Luo has written: 'The role of infrastructure investment location in China's Western development' -- subject(s): Infrastructure (Economics)
Capitalism played a key role in fueling the Industrial Revolution by encouraging entrepreneurship, competition, and innovation. The ability to own private property and invest in businesses motivated individuals to engage in industrial activities, leading to technological advancements and economic growth. Capitalist principles, such as profit motive and free market competition, spurred industrialization and the development of factories and infrastructure.
Foreign exchange earnings and increase in government revenues from tourism result in infrastructure development such as roads, sewage, ...