Which of the following correctly describes RIICO in the context of Rajasthan's industrial development?

Explanation

RIICO is correctly expanded as Rajasthan State Industrial Development and Investment Corporation, matching the official RIICO site title and banners. In Rajasthan's industrial-development framework, its role is not merely advisory: RIICO is the state government's nodal agency for developing and managing industrial areas, offering serviced industrial plots, facilitating investment clearances and maintaining estate infrastructure. The official site supports this profile through land-allotment services, industrial-park land parcels under the Rajasthan Industrial Park Promotion Policy 2026, direct allotment and e-auction links, and RIICO's work in setting up industrial areas with roads, power, street lights, water supply and drainage. RIICO therefore has both the correct institutional name and the correct state-level land-and-investment function.

Why the other options are wrong

• (A) RIICO is not an 'Institute' or a central government PSU under DPIIT; it is Rajasthan State Industrial Development and Investment Corporation.
• (C) RIICO is not Rajasthan Investment and Infrastructure Corporation or merely a PPP body for the Delhi-Mumbai corridor; its role covers broader state industrial-area development, land allotment and investment facilitation.
• (D) RIICO is not an innovation-and-commerce organisation for startups; it works in industrial land, industrial estates, infrastructure and investment support.

Concept

Rajasthan economy institutions include state agencies that translate industrial policy into land, infrastructure and investor facilitation. RIICO recurs in RAS because industrial areas, investment promotion and industrial-park policy are standard Rajasthan-development themes.

Source

• RIICO | Rajasthan State Industrial Development & Investment Corporation Limited

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