what is industrial licensing ? how …
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Posted by Bhumika Shrivastava 4 years, 11 months ago
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Meghna Thapar 4 years, 11 months ago
Industrial licensing is an authority issued by the government organisation to permit the institution or organisation for starting an industry or to start certain function. Governments can take many different actions to influence the allocation of resources. Some of the most common actions include subsidies, tax incentives, or preferential credit treatment. Subsidies are direct or indirect payments that are given to an individual, business, or industry as a form of financial support.
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