Latest news with #IntegratedManufacturingCluster
Time of India
7 hours ago
- Business
- Time of India
Cabinet clears Rs 1,232 cr for industrial land acquisition
Patna: The state cabinet on Wednesday sanctioned Rs 1,232.72 crore for the acquisition of 3,933.90 acres of land for industrial use, including 1,300 acres in two chunks at Dobhi in Gaya district for the construction of Integrated Manufacturing Cluster (IMC), as part of the Amritsar-Kolkata Industrial Corridor (AKIC). Tired of too many ads? go ad free now Additional chief secretary (ACS), cabinet secretariat department, S Siddharth, said 1,300 acres of forest land has already been acquired for the expansion of the IMC at Dobhi. The next chunk of 1,300 acres of private and govt land would be acquired at a cost of Rs 416 crore for transfer to the environment, forest and climate change department for carrying out environmental protection measures on the land. The cabinet sanctioned remaining Rs 816.72 crore for the acquisition of 2,633.90 acres of land in six districts—Begusarai, Patna, Siwan, Saharsa, Madhepura and Gopalganj—by Infrastructure Development Authority (IDA) for transferring them to Bihar Industrial Area Development Authority (BIADA). In Begusarai, 991 acres land would be acquired by investing Rs 351.59 crore and in Patna 500 acres of land in the Bakhtiarpur circle at a cost of Rs 219.34 crore, while for the acquisition of 167.34 acres of land in Siwan Rs 113.92 crore would be pumped. Similarly, 420 acres of land would be acquired in Saharsa district at a cost of Rs 88.01 crore, 548 acres in Madhepura at Rs 41.26 crore, and 6.94 acres in Gopalganj at a cost of Rs 2.60 crore. The cabinet also approved payment of Rs 2.90 crore to Airports Authority of India (AAI) to carry out OLS survey in connection with the construction of six new airports at Birpur, Munger, Valmikinagar, Muzaffarpur, Saharsa and Bhagalpur. The cabinet also gave its administrative sanction to the release of Rs 137.17 crore for the acquisition of 18.24 acres of land required for the expansion of the Gaya international airport. Tired of too many ads? go ad free now The cabinet okayed the govt's proposal to pay in one instalment Rs 8,300 each to lawmakers of the state assembly and legislative council to meet expenditures incurred on telephone, cellphone and internet services without producing the bills. The cabinet approved the payment of incentive money to Maa Prabhavati Textile Mills for establishing its industrial unit in the Guraru industrial area in Gaya district with an investment of Rs 35.14 crore. The cabinet also gave nod to the govt's proposal to provide 50% rebate on the registration fee, if the vehicle owners deposited certificate of deposit after the scrapping of their Bharat Stage-I and Bharat Stage-II vehicles. The cabinet sanctioned Rs 258.60 crore to Bihar Agriculture University, Sabour, to meet establishment and development costs during the 2025-26 fiscal. The cabinet approved the proposal to transfer the scholarship sum through the DBT method for students from I to VIII classes during 2025-26 financial year, if they had 75% attendance from April 1 to July 31, 2025. Similar benefits were also okayed for the students of classes II to VIII for the purchase of their uniforms. The cabinet sanctioned Rs 219.31 crore to the animal and fishery resources department for the construction of the buildings of 19 district-level resource and training centres, two sub-division level veterinary hospitals and also of the four first class veterinary hospitals. The cabinet also approved the proposal to set up a digital agriculture directorate as part of the agriculture road map steps. The cabinet also approved the proposal to increase the additional minimum annual wage of booth level officers (BLOs) from Rs 10,000 to Rs 14,000 and of the BLO supervisors from Rs 15,000 to Rs 18,000.
Time of India
04-07-2025
- Business
- Time of India
Meet to resolve land hurdles for industrial corridor project in Bokaro
Bokaro: After years of delay, the Bokaro leg of the Amritsar-Kolkata Industrial Corridor (AKIC) project may finally see a revival soon as the officials from Bokaro Steel Plant (BSL) and the district administration on Friday met to resolve land pricing disputes related to the project. Tired of too many ads? go ad free now With proposal deadlines set, DC Ajay Nath Jha assured that the project will usher in development and much-needed jobs for locals. He said, "A joint high-level meeting between district officials and BSL was conducted. The meeting focused on resolving pricing disputes related to land acquisition. Officials agreed to take collaborative steps to break the deadlock, hinting that the project may soon resume progress." The meeting, held at Circuit House, centred on land pricing in Bhatua Mauja for the proposed Integrated Manufacturing Cluster (IMC) under AKIC and was chaired by Anjaneyulu Dodde, director of land acquisition and records. "A major point of discussion was ensuring transparency and fairness in land valuation. Officials evaluated pricing based on local market rates, previous sale data, and govt benchmarks to maintain equity in acquisition," said DC Jha. Anjaneyulu directed BSL to submit a proposal within a week for 740 acres of land categorised under agriculture, industry, and commercial use.
The Hindu
14-05-2025
- Business
- The Hindu
Tenders invited for infra project of Palakkad Smart City
The Kerala government has invited tenders for a major infrastructure development project as part of the Palakkad Smart City initiative, which falls within the Kochi-Bengaluru Industrial Corridor. The Kerala Industrial Infrastructure Development Corporation (Kinfra), in a release on Wednesday, said the tender has been invited for developing infrastructure at the Puthussery Central and Kannambra parts of the Palakkad Smart City (Integrated Manufacturing Cluster). 'The first-phase package, estimated at ₹1,100 crore, is targeted for completion within four years. The estimated cost covers development activities on 1,400 acres of land already acquired. The tender is for an EPC (Engineering, Procurement, and Construction) contract, encompassing design, construction, and maintenance,' the release said. It further said that the key infrastructure components of the project include internal roads, drainage systems, bridges, water supply networks, fire-fighting systems, water reuse systems, sewer lines, power distribution systems, a sewage treatment plant, an industrial effluent collection system, and an effluent treatment plant. The master plan and Detailed Project Report (DPR) for the project have already been completed and the implementation would be coordinated by the Kerala Industrial Corridor Development Corporation Ltd. (KICDC), it said. Special purpose vehicle The KICDC is a special purpose vehicle (SPV) formed jointly by the National Industrial Corridor Development and Implementation Trust (NICDIT) and the Government of Kerala, with an equal equity partnership, it added. So far, the State government has spent ₹1,489 crore through the Kerala Infrastructure Investment Fund Board (KIIFB) for land acquisition and the Centre will spend ₹1,789.92 crore on infrastructure development in the project area, the release said. 'The Central share will be disbursed in phases as the State government hands over the acquired land to the SPV. In December 2024 the 1st tranche of the equity was transferred to the SPV by the State and Central governments as 110 acres of land and ₹104.5 crore respectively,' it said. It said that the 2nd tranche of equity amounting to ₹209 crore from the Centre and 220 acres of land by Kinfra as state equity was transferred in the month of March 2025.
The Hindu
04-05-2025
- Business
- The Hindu
Kerala government sanctions transfer of 1,340 acres of land for development of Kochi-Bengaluru industrial corridor
The Kerala government has sanctioned the transfer of 1,340 acres of land to the Kerala Industrial Corridor Development Corporation (KICDC), the special purpose vehicle created for the development of the Kochi-Bengaluru industrial corridor. The project envisages, among other things, the development of two major nodes- the Integrated Manufacturing Cluster at Palakkad and the Global City at Kochi. The total land requirement for the Integrated Manufacturing Cluster, the first node of the project, is 1,710 acres, spread across three parcels – Pudussery Central, Pudussery West, and Kannambra in Palakkad district. The State government earlier accorded administrative sanction for acquisition of land in Palakkad for the industrial corridor project with the financial aid of Kerala Infrastructure Investment Fund Board (KIIFB). As part of this, the government accorded sanction to transfer 110 acres of land in Pudussery village in Palakkad. The managing director of the Kerala Industrial Infrastructure Development Corporation (KINFRA), the nodal agency for land acquisition, had earlier this year requested the government to transfer the remaining land to the special purpose vehicle (SPV) with absolute ownership, free from all encumbrances, and granting of freehold rights to the SPV. Following this, the government decided to accord sanction to transfer the remaining 1,340 acres to the SPV. An area of 1,450 acres was earlier acquired for the project, out of which 110 acres was transferred earlier. The Industries Minister had said last month that the State government is planning to go ahead in principle with the Global City project in Ayyampuzha. It will have to bear an additional burden with the Union government withdrawing from the project.
