At 28.6k cr, govt to set up 12 industrial cities | India News – Times of India

At 28.6k cr, govt to set up 12 industrial cities | India News – Times of India



NEW DELHI: In a bid to create plug-and-play infrastructure for business to arrange factories, the cupboard committee on financial affairs Wednesday cleared 12 new industrial cities with an funding of Rs 28,600 crore, with the biggest one, unfold over 6,000 acre, to return up close to Dighi port in poll-bound Maharashtra.

A minimum of three of those proposed cities are in states ruled by NDA allies: Gaya in Bihar, and Orvakal & Kopparthy in Andhra.One other two are in BJP-governed UP (Agra, Prayagraj), apart from in Uttarakhand (Khurpia), and Rajasthan (Jodhpur Pali Marwar).
Initiatives will create 10 lakh jobs, says Piyush Goyal
Among the many opposition-governed states, Punjab (Rajpura Patiala), Kerala (Palakkad) and Telangana (Zaheerabad) have been allotted one challenge every. The twelfth challenge was not named, with Union minister Ashwini Vaishnaw citing mannequin code of conduct in power for meeting polls.
“These tasks have potential to generate funding of over Rs 1.5 lakh crore. However the estimates are conservative,” mentioned commerce and business minister Piyush Goyal, including that a little bit below 10 lakh jobs will probably be created. Although earlier tasks have taken longer to develop, he mentioned primary infrastructure within the new ones will probably be developed in three years on condition that states are prepared with land and environmental clearances. “
Centre and state govt will arrange a particular objective automobile, with the states offering land, which is handled as its share of fairness, and Union govt offering equal amount of money.







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