(Online Course) Contemporary Issues for IAS Mains 2012: Govt. Plans Programmes & Policies - DMIC Project
Govt. Plans Programmes & Policies
Initiatives Taken to Improve Indian Economy
Question : Delhi Mumbai Industrial Corridor (DMIC) Project .
Answer : The DMIC Project being developed on either side of the Western Dedicated Freight Corridor as a global manufacturing and investment destination, has made significant strides since inception.
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New industrial cities in the DMIC region are being benchmarked against recently established industrial cities in other parts of the world. A DMIC Project Implementation Fund is being created which shall have a corpus of ` 17,500 crore for the development of new industrial cities. The Japanese Government plans to support DMIC by contributing US$ 4.5 billion to the DMIC Revolving Fund.
