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With reference to the Industrial Parks, consider the following statements:
1. Industrial Park Scheme-2002, applicable to any undertaking which develops, operates or maintains an Industrial Park for the period beginning on 1 April 1997 and ending on 31 March 2006, respectively.
2. The establishment of industrial parks and industries in different States is the responsibility of the State Government in question.
1. Industrial Park Scheme-2002, applicable to any undertaking which develops, operates or maintains an Industrial Park for the period beginning on 1 April 1997 and ending on 31 March 2006, respectively.
2. The establishment of industrial parks and industries in different States is the responsibility of the State Government in question.
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
With reference to the Industrial Parks, consider the following stateme...
Ministry of Commerce and Industry informed Rajya Sabha about Industrial parks and industries in the country.
- Industrial Park Scheme-2002, applicable for any undertaking which develops and operates, or, maintains and operates, an Industrial Park for the period beginning 1st day of April, 1997 and ending 31st day of March, 2006, was notified by the Department for Promotion of Industry and Internal Trade on 1st April, 2002.
- Data on Industrial Parks that have been established and functional in different States of the country during the last three years is not centrally maintained.
- During the last three years, Department for Promotion of Industry & InternalTrade has accorded final approval for setting up one National Investment & Manufacturing Zone (NIMZ), namely Hyderabad Pharma City NIMZ Rangareddy district of Telangana.
- Setting up of Industrial Park and Industries in different States comes under the purview of the concerned State Government itself.
- However, Central Government provides support to the States through its scheme/programmes, once the proposal to develop the parks/clusters/industries in a particular region is received from the concerned State Government.
Most Upvoted Answer
With reference to the Industrial Parks, consider the following stateme...
Industrial Parks Scheme-2002
The statement that the Industrial Park Scheme-2002 is applicable to any undertaking which develops, operates, or maintains an Industrial Park for the period beginning on 1 April 1997 and ending on 31 March 2006 is correct. This scheme aimed to promote the development of industrial infrastructure and provide various incentives to industrial parks.
State Government Responsibility
The second statement that the establishment of industrial parks and industries in different States is the responsibility of the State Government in question is also correct. State Governments play a crucial role in attracting investments, facilitating land acquisition, providing necessary infrastructure, and creating a conducive environment for industrial development.
Correct Answer
Therefore, both statements are correct. The Industrial Parks Scheme-2002 provides guidelines and incentives for the development of industrial parks, while the responsibility of establishing these parks lies with the respective State Governments. It is essential for both the central and state governments to work in coordination to promote industrial growth and economic development in the country.
The statement that the Industrial Park Scheme-2002 is applicable to any undertaking which develops, operates, or maintains an Industrial Park for the period beginning on 1 April 1997 and ending on 31 March 2006 is correct. This scheme aimed to promote the development of industrial infrastructure and provide various incentives to industrial parks.
State Government Responsibility
The second statement that the establishment of industrial parks and industries in different States is the responsibility of the State Government in question is also correct. State Governments play a crucial role in attracting investments, facilitating land acquisition, providing necessary infrastructure, and creating a conducive environment for industrial development.
Correct Answer
Therefore, both statements are correct. The Industrial Parks Scheme-2002 provides guidelines and incentives for the development of industrial parks, while the responsibility of establishing these parks lies with the respective State Governments. It is essential for both the central and state governments to work in coordination to promote industrial growth and economic development in the country.
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With reference to the Industrial Parks, consider the following statements:1. Industrial Park Scheme-2002, applicable to any undertaking which develops, operates or maintains an Industrial Park for the period beginning on 1 April 1997 and ending on 31 March 2006, respectively.2. The establishment of industrial parks and industries in different States is the responsibility of the State Government in question.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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With reference to the Industrial Parks, consider the following statements:1. Industrial Park Scheme-2002, applicable to any undertaking which develops, operates or maintains an Industrial Park for the period beginning on 1 April 1997 and ending on 31 March 2006, respectively.2. The establishment of industrial parks and industries in different States is the responsibility of the State Government in question.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Industrial Parks, consider the following statements:1. Industrial Park Scheme-2002, applicable to any undertaking which develops, operates or maintains an Industrial Park for the period beginning on 1 April 1997 and ending on 31 March 2006, respectively.2. The establishment of industrial parks and industries in different States is the responsibility of the State Government in question.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Industrial Parks, consider the following statements:1. Industrial Park Scheme-2002, applicable to any undertaking which develops, operates or maintains an Industrial Park for the period beginning on 1 April 1997 and ending on 31 March 2006, respectively.2. The establishment of industrial parks and industries in different States is the responsibility of the State Government in question.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
With reference to the Industrial Parks, consider the following statements:1. Industrial Park Scheme-2002, applicable to any undertaking which develops, operates or maintains an Industrial Park for the period beginning on 1 April 1997 and ending on 31 March 2006, respectively.2. The establishment of industrial parks and industries in different States is the responsibility of the State Government in question.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Industrial Parks, consider the following statements:1. Industrial Park Scheme-2002, applicable to any undertaking which develops, operates or maintains an Industrial Park for the period beginning on 1 April 1997 and ending on 31 March 2006, respectively.2. The establishment of industrial parks and industries in different States is the responsibility of the State Government in question.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Industrial Parks, consider the following statements:1. Industrial Park Scheme-2002, applicable to any undertaking which develops, operates or maintains an Industrial Park for the period beginning on 1 April 1997 and ending on 31 March 2006, respectively.2. The establishment of industrial parks and industries in different States is the responsibility of the State Government in question.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
Solutions for With reference to the Industrial Parks, consider the following statements:1. Industrial Park Scheme-2002, applicable to any undertaking which develops, operates or maintains an Industrial Park for the period beginning on 1 April 1997 and ending on 31 March 2006, respectively.2. The establishment of industrial parks and industries in different States is the responsibility of the State Government in question.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Current Affairs.
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