Govt to set up NICA

The government has plans to develop a National Industrial Corridor Authority (NICA) with an initial corpus of Rs 100 crore to coordinate the development of all the industrial corridors. To boost manufacturing, the government has proposed several corridors including Amritsar-Kolkata Industrial Corridor, Chennai-Bengaluru Industrial Corridor, Bengaluru-Mumbai Economic Corridor and Vizag-Chennai Corridor. The Amritsar-Kolkata Industrial master planning is expected to be completed for the establishment of industrial smart cities in seven states - Punjab, Haryana, Uttar Pradesh, Uttarakhand, Bihar, Jharkhand and West Bengal.