Q. Consider the following statements about National Industrial Corridor Development Programme (NICDP):
1. National Industrial Corridor Development and Implementation Trust (NICDIT) is the implementing agency.
2. It aims to develop new industrial cities as ‘Smart Cities’ and converge next-generation technologies across infrastructure sectors.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

Explanation: National Industrial Corridor Development Programme (NICDP):

It is India’s most ambitious infrastructure programme aiming to develop new industrial cities as ‘Smart Cities’ and converge next-generation technologies across infrastructure sectors.

Its objective is to

(a) expand the industrial output;

(b) increase employment opportunities;

(c) provide better living and social facilities for the new and growing workforce.

NICDC is developing 11 Industrial corridors comprising 32 projects in 4 Phases. The Asian Development Bank (ADB) and the Government of India have signed a $250 million loan to support the NICDP. National Industrial Corridor Development and Implementation Trust (NICDIT) is the implementing agency.

Source: EPIC July 2022

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