|Consider the following aims of the National Manufacturing Policy (NMP) of Indian Economy|
|1. National Investment and Manufacturing Zones (NIMZs) will be established on lands which are degraded and uncultivable.|
|2. NIMZs are the integrated industrial townships with world class physical and social infrastructure. Which of the statements about NIMZs formulated in NMP give above is/are correct?|
A) Only 1
B) Only 2
C) Both 1 and 2
D) neither 1 nor 2
Correct Answer: C
Solution :[c] The NIMZs are central to the government's national manufacturing policy, which aims to increase the share of manufacturing to 25 percent of the country's GDP while also creating 100 million jobs over the next decade. Manufacturing currently accounts for 16 percent of India's economic output. Ranging from 50 square kilometers to 900 square kilometers, each NIMZ will be much larger than a traditional Special Economic Zone (SEZ), but will retain the latter's characteristics with flexible rules and regulations.
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