National Corridor Development Authority to be set up
Q. Government has proposed to form NICDA. What does it stand for?- Published on 11 Aug 16
a. New Corridor Development Authority
b. National Corridor Development Authority
c. National Corridor Development Agency
d. None of the above
ANSWER: National Corridor Development Authority
Government has planned to set up National Industrial Corridor Development Authority
- Proposed NICDA will integrate development of Industrial Corridors through India
- It will channelise central and institutional funds for projects like DMIC which seeks to create corridors in Gujarat, UP, MP and Maharashtra namely:
i. Ahmedabad-Dholera Special Investment Region in Gujarat.
ii. Shendra-Bidkin Industrial Park in Maharashtra.
iii. Integrated Industrial Township Project in Greater Noida, Uttar Pradesh.
iv. Integrated Industrial Township Project in Vikram Udyogpuri in Ujjain, Madhya Pradesh.