With reference to ‘National Investment and Manufacturing Zones’,  which of the following statements is / are correct?

  1. Minimum 5000 hectare of land is required to set an industrial township under NIMZ.
  2. Procurement of the land is responsibility of the state government.

Select the correct option from the codes given below:

Answer: [C] Both 1 & 2 are correct

Both the statements are correct in this question. The focus industries in NIMZ include employment generating industries such as textiles and garments; capital goods; industries with strategic significance; SMEs; PSUs and the industries where India has a competitive advantage.

This question is a part of GKToday's Integrated IAS General Studies Module