RIDCOR' was set up in ______ 

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Rajasthan 3rd Grade (Social Science) Official Paper (Held On: 26 Feb 2023 Shift 1)
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  1. November, 2004 
  2. October, 2004
  3. November, 2011
  4. October, 2011

Answer (Detailed Solution Below)

Option 2 : October, 2004
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The Correct answer is October, 2004.

Key Points

  • RIDCOR stands for Rajasthan State Road Development Corporation Ltd.
  • It was established as a public-private partnership (PPP) company to develop road infrastructure in Rajasthan.
  • Fri Oct 01 2004 marks the commencement of RIDCOR’s operations, reflecting its establishment as a dedicated agency for road development in Rajasthan.
  • The primary goal of RIDCOR is to enhance road connectivity to support economic growth and improve accessibility within the state.
  • RIDCOR is a joint venture between the Government of Rajasthan and Infrastructure Leasing & Financial Services Limited (IL&FS).
  • It undertakes major projects such as state highways, district roads, and bypasses to cater to the growing transport and infrastructure needs.
  • RIDCOR has been instrumental in implementing infrastructure projects under the PPP model, utilizing innovative financing and management techniques.
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