Answer:
These
three things will help the Indian producers to compete better in the market as
follows
(i) Better infrastructure will help
them to work more efficiently and timely so that they can compete with foreign
companies in the market.
(b) Better technology will help the producers to create better quality
products efficiently at cheaper rates.
(c) Better finance will enable them to run their production
smoothly without any delays, thus improving their competitiveness.
MNCs will not be interested in investing in these because
the Indian producers will then compete with them as equals in the same market,
thus reducing their market share.
Government must make these facilities available as they
have to provide better facilities for producers as a social responsibility.
Government can take many other steps to better facilitate matters by
reducing the procedures, i.e., 'red tape' and remove the corruption which is rampant
in their offices. Further/they can provide single-window clearance for people
wanting to set up production units so that the intending entrepreneurs are not
harassed.
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