Why in News?
The Uttar Pradesh Cabinet approved the Uttar Pradesh Private Business Park Development Scheme 2025 to create ready-to-use industrial infrastructure and reduce the time businesses need to start operations.
What does “plug-and-play” mean here?
- Plug-and-play parks provide firms with pre-built infrastructure and common facilities so they can begin operations without developing everything from scratch.
- The parks will be developed through a Public-Private Partnership using the DBFOT model — Design, Build, Finance, Operate and Transfer.
- At least 50% of the developed area is to be reserved for IT and knowledge-based industries, with a minimum project size of 10 acres.
Exam Connect
- UP Private Business Park Development Scheme 2025 → Uttar Pradesh
- DBFOT → Design, Build, Finance, Operate and Transfer
- PPP → government and private sector jointly deliver infrastructure