IndustryNational and Dravidian movements

Madras State Aid to Industries Act

· Chennai

The Justice Party government passed a law to advance state loans for setting up industries in the Presidency.

The Madras State Aid to Industries Act was passed in 1922 during the Justice Party ministry. It provided for the government to advance loans for the establishment of industries. The Act was amended in 1935. It was one of the early measures by the elected ministry to encourage industrial development.

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  4. 1922

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