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The "Year of Enterprises" initiative by the Kerala government directly supports financial empowerment by focusing on:

AProviding subsidies for existing large-scale industries

BInvesting in traditional agricultural practices without modernizing them

CCreating employment opportunities only in the public sector

DEncouraging and supporting the creation of new Micro, Small, and Medium Enterprises (MSMEs)

Answer:

D. Encouraging and supporting the creation of new Micro, Small, and Medium Enterprises (MSMEs)

Read Explanation:

  • The initiative aimed to create a significant number of new businesses.

  • By providing a conducive environment and support for MSMEs, it empowers local entrepreneurs, generates employment, and creates a more robust, self-reliant economy.


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