Himachal CM said that he has been actively pursuing this project with union minister of commerce and industry Piyush Goyal and has apprised him on the direct dividends from linking AKIC not only to manufacturing but also for agriculture sector.
Shimla: Himachal Pradesh Chief Minister Jai Ram Thakur on Wednesday thanked Centre for selecting Baddi-Barotiwala-Nalagarh (BBN) node in Himachal Pradesh under Amritsar Kolkata Industrial Corridor (AKIC) project amongst 32 nodes that have been identified for development in 11 industrial corridors in the Bharatmala Project.
The CM appreciated National Industrial Corridor Development Corporation Limited (NICDC) for fast paced activities in development of BBN ‘Node’. He further added that this project would go a long way in providing better ease of logistics for industry, futuristic industrial city and further impetus to industrial growth in the State. It will also create employment opportunities and economic growth leading to overall socio-economic development.
Jai Ram Thakur said this project will be implemented in close cooperation with the Himachal government that will provide land as their share of equity in the project and the rest of the cost for development of the node will be borne by the Centre, which will be equivalent to the value of state’s equity in shape of land. “A joint SPV (state & central government) will be formed for the development of the Node. The maximum total project cost would be Rs 3000 crore and for the Viable Gap Funding (VGF), there is provision of interest free loan to the State for 10 years,” he said.
Himachal CM said that he has been actively pursuing this project with union minister of commerce and industry Piyush Goyal and has apprised him on the direct dividends from linking AKIC not only to manufacturing but also for agriculture sector.
