PMO green signal to Amritsar-Delhi-Kolkata industrial corridor

Prime Minister Manmohan Singh today gave green signal to the Amritsar-Delhi-Kolkata industrial corridor and constituted an inter-ministerial panel to prepare the feasibility report for setting it up.
This is the second such corridor after the Delhi-Mumbai Industrial Corridor (DMIC), which is currently under development.
The Inter Ministerial Group (IMG) to be headed by Department of Industrial Policy and promotion (DIPP) Secretary would include Secretaries of Economic Affairs, Road Transport, Shipping and Chairman Railway Board.
"This IMG will examine the feasibility of setting up the Amritsar-Delhi-Kolkata industrial corridor along with the structural and financing arrangements that would be required to operationalise it at the earliest. The IMG will give its report within a month," said an official statement.

The corridor will cover the states of Punjab, Haryana, Uttar Pradesh, Uttarakhand, Bihar, Jharkhand and West Bengal.
"This is one of the most densely populated regions in the world and houses about 40 per cent of India's population. This is a region which needs major push for industrialisation and job-creation and this corridor will act as a catalyst for growth," the statement said.
The industrial corridor will use the Eastern Dedicated Freight Corridor as the backbone.