ECONOMY & INFRASTRUCTURE
Infrastructure Projects
Centre Approves ₹1,250 Crore IT Special Economic Zone (SEZ) in Puducherry
The Government of India has launched a ₹1,250 crore Special Economic Zone (SEZ) IT Park located in Thattanchavady, Puducherry.
The project spans 21.30 acres and is designed to establish Puducherry as a global investment hub for the information technology sector.
The infrastructure layout allocates 70% of the area for plug-and-play offices and 30% for support facilities like housing, medical centers, and banks.
The initiative aims to generate 30,000 jobs and reach an export target of ₹10,000 crore, significantly boosting the UT's economy.
The project spans 21.30 acres and is designed to establish Puducherry as a global investment hub for the information technology sector.
The infrastructure layout allocates 70% of the area for plug-and-play offices and 30% for support facilities like housing, medical centers, and banks.
The initiative aims to generate 30,000 jobs and reach an export target of ₹10,000 crore, significantly boosting the UT's economy.
Key Facts / Static GK
Lieutenant Governor of Puducherry: K. Kailashnathan
Chief Minister of Puducherry: N. Rangaswamy
SEZ Act Year: 2005
Chief Minister of Puducherry: N. Rangaswamy
SEZ Act Year: 2005
Practice Quiz — 18 March 2026
Q1. What is the total amount of penalty imposed by the RBI on Manappuram Finance for violating KMP compensation guidelines?
Answer: (C) ₹2.70 lakh — The RBI imposed a monetary penalty of ₹2.70 lakh on Manappuram Finance for non-compliance with Key Managerial Personnel (KMP) compensation guidelines regarding pay deferral, malus, and clawback provisions.
Q2. Regarding the World Bank's Clean Air programs for UP and Haryana, which of the following statements is correct?
Answer: (B) The Haryana project involves a Special Purpose Vehicle (SPV) named ARJUN. — As part of the Haryana Clean Air Project, the state government has set up ARJUN (a Special Purpose Vehicle) for coordination and monitoring. Statement A is wrong (UP got $299.66m), C is wrong (Haryana tenure is longer), and D is wrong (Additional support from UK and Switzerland exists).
Q3. The ₹100-crore Integrated Aqua Park launched by the Union Minister is located in which district of Jammu and Kashmir?
Answer: (C) Anantnag — Union Minister Rajiv Ranjan Singh launched the ₹100 crore Integrated Aqua Park in Anantnag, Jammu and Kashmir, during the NCCWF conference.
Q4. Which of the following is NOT one of the six metro cities included in the Phase 1 launch of the '24 Speed Post' service?
Answer: (C) Pune — The six metro cities covered in Phase 1 are New Delhi, Mumbai, Chennai, Kolkata, Bengaluru, and Hyderabad. Pune is not part of this list.
Q5. What is the primary export target set for the newly launched Special Economic Zone (SEZ) IT Park in Puducherry?
Answer: (D) ₹10,000 crore — The SEZ IT Park in Puducherry has been established with a specific export target of ₹10,000 crore.
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