LIVE Course for free

Rated by 1 million+ students
Get app now
0 votes
14 views
in GK by (54.3k points)
closed by
What are the number of MSMEs, around which 200 parks are targeted to be created under M-Parks Policy and the value of Investment by 2023 ?
1. 25,000 MSMEs, Rs. 40,000 Crores
2. 30,000 MSMEs, Rs. 45,000 Crores
3. 20,000 MSMEs, Rs. 35,000 Crores
4. 35,000 MSMEs, Rs. 50,000 Crores

1 Answer

0 votes
by (30.0k points)
selected by
 
Best answer
Correct Answer - Option 2 : 30,000 MSMEs, Rs. 45,000 Crores

The correct answer is 30,000 MSMEs, Rs. 45,000 Crores.

  • The overall target is to create around 200 parks by 2023 with 30,000 MSMEs with an employment potential for three lakh people and an investment of Rs 45,000 crore.
  • Financial crunch and non-availability of land have become major impediments in rolling out the policy.
  • Each M-Park is proposed to be set up to an extent of 100 acres in each of the 175 constituencies with the state government providing Rs 10 lakh per acre as a subsidy for infrastructure development.
  • The total fund required for this is Rs 1,750 crore, while the government has earmarked only Rs 100 crore towards this in the 2018-19 Budget.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...