The government's industrial parks policy, cleared by the Cabinet this week, is one of the most ambitious efforts to create business-friendly zones since the Special Economic Zones (SEZ) Act of 2005. The ₹28,600 crore package to set up 12 such enclaves is intended to create what Commerce and Industry Minister Piyush Goyal called a "golden quadrilateral” of industrial parks, invoking Atal Bihari Vajpayee's successful road-building project.
The plan is to work with state governments and the private sector to set up "plug-and-play" integrated smart industrial cities with residential and commercial zones. The target is to attract investment of 1.5 trillion. The contribution from states will come in the form of land and the Centre will provide equity or debt, depending on the case. Some industrial townships will be developed with other countries that have expressed an interest in such arrangements. The overall intention of the government cannot be faulted.
Diese Geschichte stammt aus der August 30, 2024-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der August 30, 2024-Ausgabe von Business Standard.
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I might be from the Mufti family but will have to earn my respect here'
It's 11 am on Saturday. Bijbehara, the family bastion of the Peoples Democratic Party (PDP) in southern Kashmir, is abuzz with loud songs and slogans blazing out of loudspeakers atop overcrowded load- carriers that follow a cavalcade of green fluttering vehicles. This is just another campaign day for ILTIJA MUFTI (pictured), a third-generation politician of the Mufti family contesting her maiden election. She is stepping into the shoes of her grandfather and PDP founder, Mufti Mohammad Syed, and mother, Mehbooba Mufti, both of whom started their political careers from the home seat of Srigufwara-Bijbehara. Following a door-to-door campaign, she speaks with Kaleem Geelani. Edited excerpts: