Which of the following is NOT a characteristics of the National Investment and Manufacturing Zones (NIMZs) of India?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. It prescribes a minimum area of 10000 hectares for establishing NIMZs.
This statement is NOT a characteristic of the National Investment and Manufacturing Zones (NIMZs). While NIMZs are intended to be large, the minimum area required for establishing them is 1,000 hectares, not 10,000 hectares. The other statements, such as state government support for infrastructure, the creation of a special purpose vehicle, and the requirement for a significant portion of land to be used for manufacturing, are accurate characteristics of NIMZs.