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In the year 2016, the Government of India announced a ₹6,000 core special package for the textile and apparel sector to:
1. Create one crore jobs within three years
2. Create jobs equally for men and women
3. Provide tax and production incentives for the entrepreneurs
Select the correct answer using the code given below:
  • a)
    1 only
  • b)
    2 and 3 only
  • c)
    1 and 3 only
  • d)
    1, 2 and 3
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
In the year 2016, the Government of India announced a 6,000 core speci...
In the year 2016, the Government of India announced a ₹6,000 core special package for the textile and apparel sector which aims to help in creating one crore jobs, mostly for women, in the next three years. Hence, Statement 2 is incorrect.
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In the year 2016, the Government of India announced a 6,000 core speci...
Government of India's Special Package for Textile and Apparel Sector

• In 2016, the Government of India announced a special package of 6,000 crores for the textile and apparel sector.

Objectives of the Special Package:

• The special package aimed at creating one crore jobs within three years in the textile and apparel sector.

• The package intended to provide equal job opportunities for men and women in the industry.

• The package also included tax and production incentives for entrepreneurs to boost the sector's growth.

Correct Answer:

• The correct answer is option 'C', which includes objectives 1 and 3 only.

• The first objective was to create one crore jobs within three years in the textile and apparel sector.

• The third objective was to provide tax and production incentives for entrepreneurs to boost the sector's growth.

• The second objective, which aimed at creating equal job opportunities for men and women in the industry, was not a part of the special package.
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In the year 2016, the Government of India announced a 6,000 core special package for the textile and apparel sector to:1. Create one crore jobs within three years2. Create jobs equally for men and women3. Provide tax and production incentives for the entrepreneursSelect the correct answer using the code given below:a)1 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer?
Question Description
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