Latest news with #AKIC
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.
Time of India
13-06-2025
- Business
- Time of India
Master plan for Integrated Manufacturing City in Gaya Ji approved
Patna: The Bihar Industrial Area Development Authority (BIADA) is to officially notify the master plan for the Integrated Manufacturing City (IMC)-Gaya Ji as it was approved at the 3rd board meeting of Bihar Integrated Manufacturing City Gaya Limited (BIMCGL) held on Friday. The board reaffirmed its commitment to make Gaya Ji a world-class manufacturing hub. IMC Gaya Ji project is being developed under the Amritsar-Kolkata Industrial Corridor (AKIC). Kundan Kumar, the managing director of BIADA and CEO of BIMCGL, said the project will play a pivotal role in developing Gaya Ji as a world-class industrial hub. "With high-quality infrastructure, an investment-friendly environment, and good governance, we aim to transform this region into a new centre for employment generation and economic growth," he said. Kundan said a significant milestone was achieved with the finalisation of the programme manager for new cities, who will play a crucial role in the on-ground implementation and coordination of the IMC Gaya Ji project. "This step is expected to accelerate execution and ensure adherence to project timelines," he added. The board was informed that the Engineering, Procurement and Construction tender process will commence immediately upon receipt of the final vetted bid documents from the National Industrial Corridor Development Corporation. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Memperdagangkan CFD Emas dengan salah satu spread terendah? IC Markets Mendaftar Undo The board expressed satisfaction with the current pace of progress and reaffirmed its commitment to transforming the Gaya Ji region into a leading manufacturing and industrial hub, anchored in world-class infrastructure, sustainability and efficient governance. Patna: The Bihar Industrial Area Development Authority (BIADA) is to officially notify the master plan for the Integrated Manufacturing City (IMC)-Gaya Ji as it was approved at the 3rd board meeting of Bihar Integrated Manufacturing City Gaya Limited (BIMCGL) held on Friday. The board reaffirmed its commitment to make Gaya Ji a world-class manufacturing hub. IMC Gaya Ji project is being developed under the Amritsar-Kolkata Industrial Corridor (AKIC). Kundan Kumar, the managing director of BIADA and CEO of BIMCGL, said the project will play a pivotal role in developing Gaya Ji as a world-class industrial hub. "With high-quality infrastructure, an investment-friendly environment, and good governance, we aim to transform this region into a new centre for employment generation and economic growth," he said. Kundan said a significant milestone was achieved with the finalisation of the programme manager for new cities, who will play a crucial role in the on-ground implementation and coordination of the IMC Gaya Ji project. "This step is expected to accelerate execution and ensure adherence to project timelines," he added. The board was informed that the Engineering, Procurement and Construction tender process will commence immediately upon receipt of the final vetted bid documents from the National Industrial Corridor Development Corporation. The board expressed satisfaction with the current pace of progress and reaffirmed its commitment to transforming the Gaya Ji region into a leading manufacturing and industrial hub, anchored in world-class infrastructure, sustainability and efficient governance. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
Hindustan Times
27-04-2025
- Business
- Hindustan Times
Amritsar-Kolkata Industrial Corridor project: Farmers fume as cheques for land compensation bounce
Patiala Farmers are agitated in Patiala after compensation cheques issued by the Punjab Urban Planning and Development Authority (PUDA) for land acquired under the Amritsar-Kolkata Industrial Corridor (AKIC) project bounced multiple times. The AKIC is a major development initiative, with a significant portion of it passing through Punjab. Specifically, an integrated manufacturing cluster (IMC) is being developed in Rajpura-Patiala, as part of the AKIC. This IMC aims to attract investment and create jobs in sectors like e-mobility, food processing, and more. The cheques, issued in March as a payment for nearly 61 acres of land acquired across five villages, have now bounced three times, leaving the affected farmers angry and financially distressed. Despite PUDA having already taken possession of the land, compensation remains elusive. Randhir Singh, a farmer from Pabra village, voiced his frustration: 'The cheque given to me by PUDA has bounced three times. I even tried to deposit it again yesterday — it was rejected once more. This is nothing short of harassment. First, they took our land, and now they refuse to pay us.' He added that his attempts to contact officials have been ignored. Labh Singh, another aggrieved farmer, echoed the similar sentiment: 'My cheque bounced too. The government has our land. What are we supposed to do now? Where do we go?' Farmer leader Gurdhiyan Singh from BKU (Ekta Bhateri Kalan) condemned the situation, calling it 'outright harassment'. 'We will meet the Patiala deputy commissioner. The government must act quickly to disburse the compensation and take strict action against those responsible,' he said. When contacted, PUDA land acquisition collector Sanjeev Kumar attributed the issue to a 'technical glitch at the bank's end'. 'There is no shortage of funds. The issue is being looked into and will be resolved soon,' he said.
