Powers of the State Government as regards starting or conducting industries and giving aid of certain kinds.

Nothing in this Act shall be held to debar the State Government— (a) from starting or conducting industrial enterprise for experimental purposes or with a view to stimulate industrial development; (b) from assisting an industrial business or enterprise by agreements to purchase on business terms the whole or a portion of the products of the same; (c) from assisting an industrial business or enterprise by giving gratis or on favourable terms, the services of Government officials, experts or others either in the capacity of advisers or for a limited period not exceeding one year for starting or conducting such business or enterprise; (d) from assisting an industrial business or enterprise in connexion with industrial education or the training of apprentices; (dd) from assisting any industrial business or enterprise in any other manner which may be determined by the State Government; (e) from assisting a village industry in any manner which may be determined by the State Government; (f) from establishing a company for the purpose of giving financial assistance to industrial concerns and enterprises or from subscribing for shares in, or in any manner aiding, such company, on such terms and conditions as the State Government may by general or special order lay down; (g) from subscribing for shares in, or in any manner aiding, any industrial concern or enterprise, the paid-up capital of which exceeds thirty lakhs of rupees, on such terms and conditions as the State Government may by general or special order lay down; (h) from assisting any industrial business or enterprise in the purchase of implements or machinery; (i) from assisting in the marketing of products in the possession of any industrial business or enterprise.