Press Information Bureau

Government of India

Ministry of Commerce & Industry

30-November-2011 12:04 IST

The present status of the Delhi Mumbai Industrial Corridor is as follows:

(i) Master Plans of New Industrial Cities have been approved except the one for Uttar Pradesh.

(ii) The Cabinet in its meeting held on 15th September, 2011 has, inter alia, approved financial assistance of Rs. 17,500 crore over the next five years for the development of industrial cities in the Delhi- Mumbai Industrial Corridor. In addition Rs. 1000/- crore has been approved for undertaking project development activities by the Delhi Mumbai Industrial Corridor Development Corporation.

(iii) State Governments have initiated the process of land acquisition except Uttar Pradesh.

This information was given by Shri Jyotiraditya M. Scindia, Minister of State for Commerce and Industry in written reply to a question in the Rajya Sabha today.

DS/GK

Financial assistance approval mobilizes development of industrial cities along the Delhi-Mumbai corridor, subject to state land acquisition progress. The Cabinet has sanctioned financial assistance to support development of new industrial cities along the Delhi-Mumbai Industrial Corridor and additional funding for project development activities by the Corridor development corporation; master plans for the new cities have been approved except for Uttar Pradesh, and State Governments have initiated land acquisition processes for the corridor projects except in Uttar Pradesh.