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Source- This post on Cabinet Approves 12 Industrial Nodes Under NICDP has been created based on the article “Cabinet approves 12 Industrial nodes/cities under National Industrial Corridor Development Programme” published in “PIB” on 28th August 2024.
Why in News?
The Cabinet Committee on Economic Affairs has approved 12 new project proposals under the National Industrial Corridor Development Programme (NICDP).
About the New industrial projects
1. New industrial projects will be set up in 10 states, including locations like Khurpia in Uttarakhand, Rajpura-Patiala in Punjab, Dighi in Maharashtra, Palakkad in Kerala, Agra and Prayagraj in Uttar Pradesh, Gaya in Bihar, Zaheerabad in Telangana, Orvakal and Kopparthy in Andhra Pradesh, and Jodhpur-Pali in Rajasthan.
2. These projects are part of six major industrial corridors to boost India’s manufacturing and economic growth.
3. The initiative aligns with the vision of ‘Viksit Bharat’ and ‘Atmanirbhar Bharat.’ It aims to position India as a key player in global value chains (GVC).
4. Smart Cities and Modern Infrastructure: The industrial cities will be developed as greenfield smart cities, based on ‘plug-n-play’ and ‘walk-to-work’ concepts, featuring sustainable, world-class infrastructure.
5. Allignment with PM GatiShakti: This programme is integrated with the PM GatiShakti National Master Plan. These projects will have multi-modal connectivity to enhance the movement of people, goods, and services.
6. Employment Generation: The NICDP is expected to generate around 1 million direct jobs and up to 3 million indirect jobs, contributing to regional socio-economic development.
7. Commitment to Sustainable Development: The projects will emphasize sustainable development, using ICT-enabled utilities and green technologies, making these cities both economic hubs and models of environmental stewardship.
About National Industrial Corridor Development Programme (NICDP)
1. About: The National Industrial Corridor Development Programme (NICDP) is a key initiative by the Indian government designed to establish new industrial cities as “Smart Cities” while incorporating advanced technologies across various infrastructure sectors.
2. Objective: It aims to create a vibrant industrial ecosystem by attracting investments from large industries and MSMEs.
3. Scope: It encompasses the development of 11 industrial corridors, with 32 projects planned for completion in four phases by the 2026-27 timeline.
4. Implementation: The programme is managed by the National Industrial Corridor Development and Implementation Trust (NICDIT) and the National Industrial Corridor Development Corporation Limited (NICDC).
UPSC Syllabus: Indian Economy
