India

Rajasthan Set To Boost Industrial Growth With New Industrial Park

In a significant boost to Rajasthan’s industrial development, the state has been allocated a major industrial park in the first Budget of the BJP-led central government. The Jodhpur Pali Marwar Industrial Area, sanctioned under the National Industrial Corridor Development Programme, is expected to generate direct employment for around 40,000 people.

Union Finance Minister Nirmala Sitharaman announced the park as one of the 12 new industrial parks, with Rajasthan receiving an additional Rs 7,000 crore as its share of Central taxes. The project, located near the Delhi-Mumbai Industrial Corridor, will be developed on 1,578 acres at an estimated cost of Rs 922 crore.

Also Read: Union Minister Praises Budget 2024-25 As “Excellent” For Building A New India

The park’s strategic location, equidistant from Jodhpur and Pali City, is expected to drive industrial growth in western Rajasthan. The state government, led by Bhajan Lal Sharma, has already approved Rs 275 crore for water infrastructure development in the Rajasthan Budget 2024.

Land acquisition for the project is underway, with notifications issued for the acquisition of 1,000 acres. This significant investment is poised to transform Rajasthan’s industrial landscape, creating new opportunities for employment and economic growth.

Richa Kaushik

Recent Posts

Seeing The Lord Among Devotees Is The Pinnacle Of Humility: Gautam Adani At Rath Yatra

Gautam Adani, along with his wife and Karan, participated in the Rath Yatra in Puri,…

7 mins ago

PM Modi Interacts With Group Captain Shubhanshu Shukla Aboard The ISS

PM Narendra Modi interacted with Group Captain Shubhanshu Shukla, the first Indian to reach the…

1 hour ago

Gautam Adani, Family Participate In Puri Rath Yatra; Launch Massive ‘Prasad Seva’ Initiative

Gautam Adani, along with his wife Priti Adani and son Karan Adani, joined thousands of…

2 hours ago

PM Modi, Leaders Pay Tribute To Former PM PV Narasimha Rao On Birth Anniversary

PM Narendra Modi on Saturday paid tribute to former Prime Minister PV Narasimha Rao on…

2 hours ago

Gautam Adani Hails Divine Experience At Rath Yatra; Praises Odisha’s Graceful Management

Gautam Adani conveyed profound spiritual emotions after witnessing the revered Rath Yatra of Lord Jagannath…

2 hours ago

Punjab’s Litchis Reach Middle East Markets In Boost To India’s Fruit Exports

In a step towards diversifying India’s horticultural exports, Punjab has successfully shipped its first consignment…

3 hours ago