Govt grants 'in-principle' approval for setting up of NIMZs
By TIOL News Service
NEW DELHI, DEC 01, 2015: GOVERNMENT has granted “in-principle” approval to a total of 20 National Investment and Manufacturing Zones (NIMZs). Of these, 12 NIMZs are located outside the Delhi-Mumbai Industrial Corridor (DMIC) region. These are:
(i) Nagpur in Maharashtra;
(ii) Tumkur in Karnataka;
(iii) Chittoor in Andhra Pradesh;
(iv) Prakasam in Andhra Pradesh;
(v) Medak in Telangana;
(vi) Kolar in Karnataka;
(vii) Bidar in Karnataka;
(viii) Gulbarga in Karnataka;
(ix) Jajpur in Odisha;
(x) Ramanathapuram in Tamil Nadu;
(xi) Auraiya in Uttar Pradesh; and
(xii) Jhanshi in Uttar Pradesh.
Out of these NIMZs, the Government has granted final approval to the NIMZ at Prakasam in Andhra Pradesh on 6th October, 2015.
Under phase-I of the DMIC project, eight Investment Regions have also been accorded ‘in-principle' approval of Government for setting up as NIMZs as per guidelines approved by the Cabinet. These are:
i. Ahmedabad-Dholera Investment Region, Gujarat
ii. Shendra-Bidkin Industrial Park city near Aurangabad, Maharashtra
iii. Manesar-Bawal Investment Region, Haryana
iv. Khushkhera-Bhiwadi-Neemrana Investment Region, Rajasthan
v. Pithampur-Dhar-Mhow Investment Region, Madhya Pradesh
vi. Dadri-Noida-Ghaziabad Investment Region, Uttar Pradesh
vii. Dighi Port Industrial Area, Maharashtra ; and
viii. Jodhpur-Pali-Marwar Region in Rajasthan
The Government of India has approved a fund of Rs 17,500 crores as a Revolving Corpus for development of trunk infrastructure in the DMIC region. The Government of Japan has announced their financial support for DMIC project to an extent of USD 4.5 billion in the first phase for projects with Japanese participation through a mix of Japan International Cooperation Agency (JICA) and Japan Bank for International Cooperation (JBIC) lending.
Apart from twenty NIMZs which have been accorded “in-principle” approval and in which one has been accorded final approval, the Government has received three more proposals for setting up of NIMZ outside the Delhi-Mumbai Industrial Corridor region from Government of Gujarat (Two) and Government of Tamil Nadu (One). The concerned State Governments have been requested for further clarifications/ details about these proposals.
This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Nirmala Sitharaman in a written reply in Lok Sabha yesterday.