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Maharashtra Cabinet approves Shareholder Agreement for Delhi-Mumbai Industrial Corridor

<p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">Addressing a press conference after the weekly Cabinet meeting, Chief Minister Prithviraj Chavan said 18 percent of the land (about 400 Kms) in Maharashtra will come under the corridor.&nbsp;</span></span></span><span style="color:rgb(105, 105, 105); font-family:arial; font-size:11px; line-height:1.6em">Capital will be raised by the Centre while land acquisition will be done by the state government, he said.&nbsp;</span><span style="color:rgb(105, 105, 105); font-family:arial; font-size:11px; line-height:1.6em">Logistic parks, road tunnels, port connectivity were some of the activities that would be taken up under this ambitious project.</span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">Shendra-Bidkin, Dighi, Igatpuri, Sinnar and Dhule-Nardana areas will be developed under DMIC.&nbsp;</span></span></span><span style="color:rgb(105, 105, 105); font-family:arial; font-size:11px; line-height:1.6em">In Shendra-Bidkin, 3,200 hectare land has been made available while in Dighi efforts are on for acquiring land.</span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">In the first phase, projects worth INR 71,451 crore have started, Chavan said.&nbsp;</span></span></span><span style="color:rgb(105, 105, 105); font-family:arial; font-size:10.909090995788574px">The state government also plans to develop state corridors like Mumbai-Nagpur, Mumbai-Aurangabad, Mumbai-Solapur, he added.</span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">Also Aurangabad-Nashik expressway, Karad-Sangameshwar tunnel, Shendra-Bidkin water supply scheme, exhibition centre at Shendra-Bidkin and logistics parks will be set up under this mega infrastructure project which aims to develop &quot;smart cities&quot;.</span></span></span></p> <p style="text-align:justify"><span style="color:rgb(105, 105, 105); font-family:arial; font-size:11px; line-height:1.6em">The DMIC corridor spans across Maharashtra, Gujarat, Rajasthan, Madhya Pradesh, Haryana and Uttar Pradesh.</span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">Source-On Request</span></span></span></p>