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National Industrial Corridor Authority

New Act to come up regarding Industrial corridor activities

New Act to come up regarding Industrial corridor activities
The department of industrial policy and promotion (DIPP) will circulate a Cabinet note next week seeking the views of all ministries concerned on a proposal for a new law — the National Industrial Corridor Authority (NICA) Act — on the lines of the National Highways Authority of India (NHAI) Act. The Pune-headquartered NICA was proposed [...] Continue Reading »

Govt plans to set up NICA to coordinate development of Industrial Corridors

Govt plans to set up NICA to coordinate development of Industrial Corridors
In a move which will facilitate the government in coordinating the development of all the proposed Industrial Corridors in the country, the government announced on Thursday that it plans to set up a National Industrial Corridor Authority (NICA) with an initial amount of Rs 100 crore. The government’s decision to set up NICA marks a noteworthy [...] Continue Reading »



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