National   

Nod for firm to oversee industrial corridor project

NEW DELHI: Ahead of the visit of the Japanese Prime Minister next week, the Union Cabinet on Thursday cleared the setting up of the Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) to oversee the project.

The project follows a Memorandum of Understanding between India and Japan signed during Prime Minister Manmohan Singh’s visit to Tokyo in December.

In a joint statement, the two Prime Ministers billed the DMIC – aimed at developing requisite infrastructure and facilitating investment – an important project in the Japan-India Special Economic Partnership Initiative.

The contours of the project include creation of 24 investment regions and industrial areas across six States at an estimated cost of $90-100 billion over 10 years.

In the first phase from 2008 to 2012, six investment regions of over 200 sq km. each will come up: Dadri-Noida-Ghaziabad in Uttar Pradesh, Manesar-Bawal in Haryana, Khushkhera-Biwadi-Neemrana in Rajasthan, Peetampura - Dhar- Mhow in Madhya Pradesh, Bharuch- Dahej in Gujarat and Igatpuri-Nasik-Sinnar in Maharashtra.

A 1,483 km-long dedicated freight corridor, offering high-speed connectivity for High Axle Load Wagons will also come up along the industrial corridor in the first phase.

The industrial areas that will be established during the same time period are: Meerut-Muzaffarnagar in U.P., Faridabad-Palwal in Haryana, Jaipur-Dausa in Rajasthan, Neemach in M.P., Vadodara-Ankleshwar in Gujarat and Alewadi-Dighi in Maharashtra.

The Cabinet Committee on Economic Affairs gave its final approval for funding and execution of six new railway lines and one gauge conversion project.

Announced in this year railway budget, the total bill for these projects is Rs. 2,796 crore.

The six new lines are: Chota Udepur-Dhar, Chandigarh-Baddi, Bihta-Aurangabad via Anugraha Narayan Road, Bariarpur-Mananpur via Kharagpur and Barahat, and Sultanganj-Katuria via Asarganj and Belhar.

The gauge conversion project is the Bhojhipura-Pilibhit-Tanakpur line.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Demand for dismissal of policemen indicted by Srikrishna panel
I have faith in a higher force: Manmohan
No prohibition on nuclear test, says Kakodkar
Army to hold five joint exercises
Suicides: panel raps Defence Ministry
No compromise on pact: AIFB
MLAs’ petitions not maintainable: counsel
Debate likely on August 23: Dasmunsi
Deport Taslima: Imam
Nod for firm to oversee industrial corridor project
I-Day amid blizzard at Antarctica
Stamps on young achievers
Francisco Sardinha GPCC president
Left will extend merit-based support: Raja
Ban on publishing transcripts
Bardhan wants support redefined

Copyright © 2007, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu