NIMZ, National Investment Manufacturing Zone - Current Affairs Questions and Answers

1)   Government of India has approved the establishment of India’s third NIMZ in which state?

a. UP
b. HP
c. Rajasthan
d. Odisha
Answer  Explanation 

ANSWER: Odisha

Explanation:
Government of India has approved the establishment of a National Investment and Manufacturing Zone in Odisha. This is India’s third NIMZ involving a massive area of 163 square kilometres.
The project will come up at Kalinganagar industrial area in Jaipur district of Odisha.

  • For execution of the project, the Union Ministry of Commerce and Industry has approved INR 4241 crore
  • Of this, 3816 crore will be invested in the first phase of the project which will be completed by 2020.
  • NIMZ will create job opportunities for 1.5 alike people and help Odisha grow as a manufacturing hub and help Paradip’s growth
  • To boost the manufacturing sector, the Union Government in 2014 announced the establishment of 16 national investment and manufacturing zones under the National Manufacturing Policy
  • It aims to enhance the share of manufacturing in GDP to 25 percent and creating 100 million jobs over a decade
2)   Government has granted in principle approval to 20 NIMZs. What is the full form of NIMZ?

a. National Indian Manufacturing Zones
b. National Investment and Manufacturing Zones
c. National Investing and Manufacturing Zones
d. None of the above
Answer  Explanation 

ANSWER: National Investment and Manufacturing Zones

Explanation:
Government has granted in principle approval to 20 National Investment and Manufacturing Zones, 12 of which are located outside DMIC namely:

1. Nagpur, Maharashtra;
2. Tumkur, Karnataka;
3. Chittoor, Andhra Pradesh;
4. Prakasam, Andhra Pradesh;
5. Medak, Telangana;
6. Kolar, Karnataka;
7. Bidar, Karnataka;
8. Gulbarga, Karnataka;
9. Jajpur, Odisha;
10. Ramanathapuram, Tamil Nadu;
11. Auraiya, Uttar Pradesh
12. Jhansi, UP

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