North India Statesman
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The Union Cabinet today approved the establishment of 12 industrial smart cities across the country. This will provide employment to about 10 lakh people. Giving information about the decisions taken in the Union Cabinet meeting, Union Minister Ashwini Vaishnav said that the Cabinet has today approved 12 industrial smart cities under the National Industrial Corridor Development Program. An investment of Rs 28,602 crore will be made on this scheme.
Vaishnaw said the six major economic corridors spread across 10 states are a significant step towards enhancing India's manufacturing capabilities and economic growth. The industrial zones will be located at Khurpiya in Uttarakhand, Rajpura-Patiala in Punjab, Didhi in Maharashtra, Palakkad in Kerala, Agra and Prayagraj in Uttar Pradesh, Gaya in Bihar, Zaheerabad in Telangana, Orvakal and Kopparthi in Andhra Pradesh and Jodhpur-Pali in Rajasthan.
Vaishnaw also said that the proposed 12 smart industrial cities will generate investment potential of about Rs 1.52 lakh crore. The move will transform the industrial landscape of the country and create a strong network of industrial nodes and cities that will boost economic growth and global competitiveness.
The Union Minister said that the industrial areas will be developed as Greenfield Smart Cities of global standards. This approach ensures that the Industrial Smart City is equipped with good infrastructure that can support efficient industrial operations. He said that the National Industrial Corridor Development Programme is expected to generate significant employment opportunities and create about one million direct jobs and up to three million indirect jobs. These projects will generate an investment potential of about Rs 1.52 lakh crore.
He also said that the Cabinet has also approved equity support of Rs 4136 crore for the development of hydropower in the North-Eastern states. Apart from this, three important railway projects have also got the Cabinet's approval. The Cabinet has also approved the auction of 734 channels of private FM radio in 234 cities across the country.
