Well vrinda, it is not clear about how much amount will be funded... there is an allocation of 100 Cr for setting up the National Industrial corridor authority at Pune which will be coordinate the development of all the industrial corridors.
Hey, i guess that the funds of 5000Cr allocated for warehousing will indirectly have an effect on the industrial corridor..this will lead to scientific storage of agricultural and industrial products.. and will have an effect on the smart cities that are set to come up on the industrial corridor.
Well there is the demand to increase the DMIC’s budget outlay for FY15 to Rs. 7,478 crore. This is required by the DMIC to develop infrastructure for the 5 smart industrial cities and 6 other projects that has been planned along this corridor..
DMICDC had sought the Rs 7,500 crore funding when the interim Budget was presented which was turned down by the finance ministry saying that it cannt raising funds from the market when the projects are not ready...
hey nithin i guess that their point is also true...the govt borrows at interest while that cash remains idle and the project doesnt get completed...its not easy and good...
hm... i dont think anyone will know that..but i heard that they have asked for a 7500 crore budget for developing this ambitious project and the three smart city projects associated with this...