Press Esc to close
Friday 30 September 2016
News updated at 10:16 PM IST
Weather
Max: 29.4°C
Min : 21.4°C
In Bengaluru
Generally cloudy

Govt to fast-track industrial township at Tumkur

P M Raghunandan Bangalore: Mar 6, 2013 DH News Service

The State government has decided to fast-track development of the prestigious National Investment and Manufacturing Zone (NIMZ) in Tumkur district, which will be an autonomous and self-governed industrial township.

Karnataka Industrial Areas Development Board (KIADB) and Karnataka State Industrial and Infrastructure Development Corporation (KSIIDC) have been recently directed to take all necessary measures to take the project forward.

The KSIIDC, which has been appointed the nodal agency to coordinate with the Centre in implementing the project, is planning to include the Vasanthnarasapura industrial area in Tumkur as part of the project, which requires an estimated 12,500 acres.

The project will come under the limits of the proposed Bangalore-Mumbai corridor. The KIADB has already acquired about 4,500 acres for the purpose, official sources said.

The Centre recently gave in principle approval to the project proposal submitted by the State government. The Centre will fund the project entirely and the State government will provide land, water, power and necessary approvals.

The Centre will also create the enabling policy frame work and provide incentives for infrastructure development on PPP basis at NIMZ, which is planned to be a greenfield integrated industrial township. It is expected to provide employment opportunities to about one lakh people, sources said.

The KSIIDC has been taking measures to appoint a consultant to prepare a detailed project report (DPR), which will be submitted to the Centre, seeking its final approval. The corporation has estimated that the NIMZ requires 60 to 75 million litres per day (MLD) of water. It has been planned to draw water from the Gorur dam.

Of the total land availability, about 30 per cent has been planned to be earmarked for industrial purpose as per the national manufacturing policy.

The corporation is likely to urge the State government to establish a separate planning and development authority for the zone on the lines of the Bangalore International Airport Area Planning Authority and the Bangalore-Mysore Infrastructure Corridor Area Planning Authority. Besides, an infrastructure and master plan will be prepared and a separate project implementation authority will be set up to develop the land and infrastructure facilities.

The proposed project will be managed by a special purpose vehicle under separate NIMZ legislation. The proposed SPV will be empowered to develop, operate and manage the NIMZ.

It will take steps for the preparation and enforcement of the master plan, providing the necessary infrastructure, selection of the developer, maintenance of the infrastructure, granting approvals and facilitating clearances to units and regulation of levy of user or service charges for using infrastructure within the NIMZ, sources said.

When contacted, Commissioner to the Industries and Commerce department, M Maheshwar Rao, said all steps are being taken to expedite the process to get the Centre’s clearance. The DPR will be prepared soon and submitted to the Centre, he added.


Go to Top

Photo Gallery
A hair stylist Kailash Kashid creates a special hair cut slogan of Maratha Kranti Morcha...

A hair stylist Kailash Kashid creates a special hair cut slogan of Maratha Kranti Morcha...

Actor Salman Khan plays with his sister Arpita's kid at an event for the tie-up between...

Actor Salman Khan plays with his sister Arpita's kid at an event for the tie-up between...

Artisans work on a giant model of Hindu god Ganesh during preparations for the upcoming Durga Puja..

Artisans work on a giant model of Hindu god Ganesh during preparations for the upcoming Durga Puja..

The palace witnessed very little visitors on the day and thus children enjoy playing at the...

The palace witnessed very little visitors on the day and thus children enjoy playing at the...

Temples submerged at Gwari Ghat due to floods caused in Narmada River by heavy rains...

Temples submerged at Gwari Ghat due to floods caused in Narmada River by heavy rains...

Indian Army vehicles move towards border areas in Akhnoor sector on India Pakistan Border...

Indian Army vehicles move towards border areas in Akhnoor sector on India Pakistan Border...

BJP activists celebrate the Indian army's Surgical strikes along the Line of Control in PoK...

BJP activists celebrate the Indian army's Surgical strikes along the Line of Control in PoK...

all-party meeting in New Delhi on Thursday following Indian army's surgical strikes along the LoC...

all-party meeting in New Delhi on Thursday following Indian army's surgical strikes along the LoC...

People celebrate after Indian army's Surgical strikes along the Line of Control...

People celebrate after Indian army's Surgical strikes along the Line of Control...

Artists practice the Garba dance ahead of the Navratri festival in Ahmedabad...

Artists practice the Garba dance ahead of the Navratri festival in Ahmedabad...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523