DMIC project influence spans 12% area of UP

Image
Virendra Singh Rawat New Delhi/ Lucknow
Last Updated : Jan 20 2013 | 10:39 PM IST

The Delhi Mumbai Industrial Corridor (DMIC) project influence area spans almost 12 per cent of the geographical area in Uttar Pradesh.

DMIC is likely to provide employment to about 2,50,000 people by propelling industrialisation and development of social and physical infrastructure in NOIDA, Greater Noida and the Yamuna Expressway zone.

Under DMIC, one investment region and one industrial area are to be developed in UP.

Greater Noida Industrial Development Authority (GNIDA) and UP State Industrial Development Corporation Ltd (UPSIDC) are the nodal agencies for Dadri-NOIDA-Ghaziabad investment region and Meerut-Muzaffarnagar industrial area, respectively.

According to the industry department, Greater Noida will be the first node and gateway of this project.

Eleven projects have been identified (early bird project) by Greater Noida Authority in the Dadri-NOIDA-Ghaziabad investment region under DMIC.

Early bird projects include development of Bodaki railway station, metro rail (NOIDA-Greater Noida-Jewar), Dadri-Tughlakabad-Ballabhgarh railway line, NOIDA-Greater Noida-Faridabad Expressway, rail link to proposed international airport at Jewar from the towns of National Capital Region (NCR), development of city-centre in NOIDA sector-32, multi-level car parking, NOIDA auto-mart, establishment of power plant and development of Taj International Aviation Hub.

As mandated by the government, Greater Noida Development Authority (GNDA) will identify three early bird projects in the first phase and ensure implementation of DMIC project both at state and central levels.

To accelerate the projects, the government has authorised the Greater Noida CEO to approve and sign the draft memorandum of understanding (MoU) for identified early bird projects.

The CEO has the responsibility of identification of early bird project, preparation of development plan after project feasibility study and selection of consultants.

The CEO will prepare master plan for the projects and implement them on the basis of public private partnership (PPP) through competitive bidding. Measures will be taken to market the projects and attract investment at national and international levels.

Funds required for the implementation of identified projects will be arranged by Greater Noida and DMIC Development Corporation from their own resources.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 18 2009 | 12:01 AM IST

Next Story