Rs 177 crore to be received from ‘PM Gati Shakti’ for 5 projects of GIDA. GIDA to get Rs 177 crore from ‘PM Gati Shakti’ for 5 projects

Gorakhpur5 hours ago

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5 important projects of Industrial Development Authority (GIDA) in Gorakhpur will get financial assistance of Rs 177 crore from ‘PM Gati Shakti’. The need for assistance was approved by the Department for Promotion of Industry and Internal Trade, Government of India in the meeting of the Screening Committee of the Annual Action Plan held on Thursday.

A meeting was held under the chairmanship of Amrit Lal Meena, Special Secretary Logistics, Department of Industry and Commerce, Government of India. In the meeting, assistance of Rs 1068.79 crore was sanctioned for a total of 16 projects costing Rs 4559.83 crore of 4 Industrial Development Authority (GIDA, Noida, EDA and G-NIDA) including GIDA in Uttar Pradesh under ‘PM Gati Shakti’. This includes 5 projects of GIDA.

There will be so much help on these projects
A project worth Rs 100 crore has been prepared for the development of Bhiti Rawat Industrial Area Sector 26, including GIDA Garment Park. For this, an assistance of Rs 70 crore has been approved from ‘PM Gati Shakti’ in the financial year 2022.23.

Similarly, assistance of Rs.80 crore for Industrial Corridor (Bhagwanpur-Narkatha) with a project cost of Rs.100 crore and Rs.12 crore for Plastic Park project of Rs.69.58 crore has been approved in the current financial year.

10 crore for flatted factory complex to be built to be a readymade garment hub and Rs 5 crore for Common Inflate Treatment Plant (CETP) at Gida will get assistance from PM Gati Shakti.

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