BUDGET
To set up investment-ready industrial parks in 100 cities
This story was originally published at 17:43 IST on 23 July 2024
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--BUDGET: To set investment-ready industrial parks in 100 cities
--BUDGET: Sanctioning 12 industrial parks under national corridor plan
--BUDGET: Set up industrial parks in collaboration with states, pvt cos
MUMBAI – Finance Minister Nirmala Sitharaman today said the government will set up investment-ready industrial parks in or near 100 cities. This will be done in partnership with states and the private sector. The announcement is part of the government's key priorities for 2024-25 (Apr-Mar).
"Our government will facilitate development of investment-ready plug-and-play industrial parks with complete infrastructure in or near 100 cities, in partnership with the states and private sector, by better using town-planning schemes," Sitharaman said.
Twelve industrial parks under the National Industrial Corridor Development Programme will also be sanctioned. These industrial parks are expected to increase employment for manufacturing, the minister said. End
Reported by Darshan Nakhwa
Edited by Rajeev Pai
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