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?
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

