Economics • Indian EconomyEasy
Which institutional mechanism in Chhattisgarh acts as the primary agency for promoting industrial infrastructure development, park creation, and attracting investments into the state?
A. Chhattisgarh State Industrial Development Corporation✓ Correct Answer
B. State Bank of India Corporate Advisory Division
C. National Highways Authority of India Regional Office
D. Securities and Exchange Board of India Regional Directorate
💡 Solution & Explanation
Chhattisgarh State Industrial Development Corporation serves as the nodal agency for promoting industrial growth, developing industrial growth centers, providing infrastructure support, and facilitating investment approvals across the state. It acts as a catalyst for transforming Chhattisgarh into an attractive destination for manufacturing and processing industries. The corporation develops specialized industrial parks tailored to specific sectors like food processing and electronics.
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