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Which of the following statements regarding 'Special Category Status States' is incorrect?
Special Category Status States receive preference over other states when it comes to sharing central tax revenue.
Special Category Status States get excise duty and other such tax concessions in order to attract industries.
The assistance for externally aided projects comes as 90% grant for Special Category Status States and for general states it comes as loans.
Only Special Category Status States receive Special Plan Assistance and Special Central Assistance grants.
The Special Category Status States have no advantage when it comes to sharing of central tax revenue.
Special category status is given to those states which fulfils some criteria like; hilly and difficult terrain, strategic location along international borders, low per capita income, low population density or the presence of sizeable tribal population, economic and infrastructural backwardness and non-viable nature of State finances.
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