Zee Media Bureau
New Delhi: The NDA government on Thursday announced the setting up of a National Industrial Corridor Authority with an aim to coordinate the development of industrial corridors with smart cities linked to transport connectivity.
The authority will be headquartered in Pune and will have an initial outlay of Rs 100 crore.
The announcement was made by Finance Minister Arun Jaitley who presented his first Budget in Parliament today.
The FM further announced that the Amritsar Kolkata Industrial Master Planning will be completed expeditiously for the establishment of Industrial Smart cities in seven states in this corridor.
The Finance Minister said that the Master planning of three new smart cities in the Chennai-Bengaluru Industrial Corridor region, viz., Ponneri in Tamil Nadu, Krishnapatnam in Andhra Pradesh and Tumkur in Karnataka will also be completed. The perspective plan for the Bengaluru Mumbai Economic Corridor (BMEC) and Vizag-Chennai corridor would be completed with the provision for 20 new industrial clusters.
Jaitley urged the states to play an active role in export promotion by providing good infrastructure and full facilitation. He proposed to establish an Export Promotion Mission to bring all stakeholders under one umbrella.
