Representational file picture.
| Photograph Credit score: AFP
The Union cupboard on Wednesday (August 28, 2024) accepted 12 new industrial cities in 10 States to spice up home manufacturing with an estimated funding of ₹28,602 crore.
The tasks will span throughout 10 States and strategically deliberate alongside six main corridors.
These industrial areas shall be situated in Khurpia in Uttrakhand, Rajpura-Patiala in Punjab, Dighi in Maharashtra, Palakkad in Kerala, Agra and Prayagraj in UP, Gaya in Bihar, Zaheerabad in Telangana, Orvakal and Kopparthy in AP, and Jodhpur-Pali in Rajasthan.
The Union Cupboard has accepted 12 new venture proposals beneath the Nationwide Industrial Hall Improvement Programme (NICDP) with an estimated funding of ₹28,602 crore, stated Union Minister Ashwini Vaishnaw after the Cupboard assembly.
The transfer will rework the economic panorama of the nation, creating a strong community of business nodes and cities that can considerably enhance financial progress and international competitiveness.
They are going to be developed as greenfield sensible cities of worldwide requirements.
The method ensures that the cities are geared up with superior infrastructure that helps sustainable and environment friendly industrial operations.
NICDP is predicted to generate vital employment alternatives, with an estimated a million direct jobs and as much as three million oblique jobs being created by means of deliberate industrialisation.
These tasks will create an funding potential of about ₹1.52 lakh crore.
