PMO finalises timeline for Amritsar-Delhi-Kolkata corridor

Seeking to push infrastructure development, the Prime Minister's office today finalised the timeline for implementation of the mega Amritsar-Delhi-Kolkata Industrial Corridor (ADKIC) for which states will be asked to join as partners.
ADKIC, envisaging a budgetary support of Rs 5,749 crore for the first phase, will be aligned to the Eastern Dedicated Freight Corridor (EDFC) and will span 20 cities in seven states -- Punjab, Haryana, Uttar Pradesh, Uttarakhand, Bihar, Jharkhand and West Bengal.
The project, the second of its kind on the lines of the Delhi-Mumbai Industrial Corridor, will be put before the Cabinet for approval by October 30, a PMO statement said.

The Principal Secretary to PM held a meeting to discuss the report of the Inter-Ministerial Group set up to finalise the development of the ADKIC,
"In the meeting, it was decided to go to the Cabinet to get the necessary approvals for the ADKIC," it said.
It added that the time-lines which were decided include obtaining in-principle approval of Union Cabinet on approach to ADKIC including proposal for formation of ADKIC Development Corporation by October 30.

"Set up dedicated cell in State Governments by October 30. State Governments to submit proposals for in-principle approval to GoI by December 31. Formation of Cluster SPV by 28.2.2014. Set up ADKICDC by December 31 and commitment of funds for the project," it said.

The statement also said that the Industrial Manufacturing Clusters which will come up in the corridor will have all the benefits of national manufacturing zones but with a minimum land area of only 10 sq km and not 50 sq km as in the zones.
"It was also decided that State Governments would be invited to join in the equity of ADKIC, so that this can be a joint endeavour of GoI and the State Governments," it added.
It was also decided that a CEO would be appointed at the earliest to accelerate the development of ADKIC.