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.

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