Govt may launch dozen industrial parks to attract ₹1.50 lakh crore investments
Hindustan TimesNew Delhi: The government may launch about a dozen industrial parks covering the entire country in a quadrilateral to attract over Rs.1.50 lakh crore investments, boost manufacturing, and create employment opportunities, people aware of the development said, adding that the approval is expected in the Cabinet today. Prime Minister Narendra Modi holds Cabinet meeting The Cabinet, chaired by Prime Minister Narendra Modi, has taken up the proposal to set up multi-crore infrastructure projects to attract investments and boost the economy, they said, requesting anonymity. “Our government will facilitate the 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,” she said in her Budget speech on July 23. “Twelve industrial parks under the National Industrial Corridor Development Programme also will be sanctioned,” she said that day.