15.1.13

DMIC snippets


The UP government is all set to sign a state support agreement (SSA) with the Centre for the multi-crore Delhi-Mumbai Industrial Corridor (DMIC) project during the three-day international industry summit in Agra beginning January 27.
The agreement was likely to be inked on January 28 when UP chief minister Akhilesh Yadav would chair a session projecting UP as an ‘industry destination' during the summit. UP's infrastructure and industrial development commissioner Anil Kumar Gupta confirmed that a draft of the agreement would soon be readied to be signed between the state government and the Union ministry of the commerce and industry. He said that the state government would subsequently sign a shareholding agreement with the Centre to take the project forward.
The project envisages setting up of seven investment and 13 industrial regions between Jawaharlal Nehru Port in Mumbai and Dadri in Greater Noida, will pass through two investment regions in UP – Greater Noida and Meerut-Muzzaffarnagar.
This is apart from a dedicated freight corridor of 150 to 200 km on both sides of the investment region. The project becomes crucial for UP because the proposed east-west corridor merges at Khurja which lies in Uttar Pradesh. The corridor will help the farmers, especially of the east UP, to ship their produce to places as far as Mumbai.
The project also proposes the development of Bodaki railway station, Dadri-Vallabhgarh railway station, and Greater Noida-Faridabad expressway, besides a logistic park/township and an automart. The authority has also identified setting up of a power plant in the region as an important feature.
The GNDA and UPSIDC had been asked to identify a site for setting up a hi-tech integrated industrial township in the region.
Gupta said that the state government has already earmarked around 2,500 acres of land for the project. Of that, 500 acres will be allotted in Greater Noida alone.
According to the project blueprint, the Centre will invest around Rs.3000 crore in the region lying in UP. This will include setting up of industries, including Food, IT, electronics and auto industries. In all, the project is expected to create 12 lakh jobs.

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