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What is the importance of federal grants for states and localities? concerning ice

What is the importance of federal grants for states and localities? concerning ice

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Importance of Federal grants for state and locality are as follows-

A.it helps in finding the ideas and the needs of the states and the locals and it is also helpful in the stimulation of the overall economy.

B. These Federal grants also cover different critical recovery initiative , agricultural projects and innovative research in all kind of fields

C . Receipt of a government grant is generally considered highly prestigious and it will be helpful for the individual or entity to get an attention from other donors also

D. It will be also helpful in providing of support to various kinds of organisation that the federal grants are a tool which is reflecting the federal assistance to them.

E. It is like a government guarantee to those organisation that federal Reserve is trying to protect them from any kind of downturn.

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