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Budget for the Delhi- Mumbai corridor

Replies (4)
1
Hey, after the budget announcement any ideas as to how much fund will be allocated to the Delhi- mumbai industrial corridor???
Vrinda


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.
Bhaumik,  Ghaziabad
11th July 2014


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.
Imran Khan,  Ghaziabad
11th July 2014


2
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..
Tushar Surendren


3
well this is a joint venture by the japanese and the indians with japanese providng cheap financial support andthe indians providing equity and land
Harilal


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...
Nithin,  Gurgaon
29th June 2014


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...
madhu,  Faridabad
29th June 2014


4
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...
Amit Raj


yeah Amit ..there is great expectations from the Modi government ..as they had a manifesto of revamping the Indian infrastructure...
Vinay Dixit,  Mumbai
27th June 2014


Well this is still to be discussed and there are a couple of concerns that has been raise over the slow progress of project and some agreements signed
Srishti,  Gurgaon
29th June 2014


5

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