{"id":11050,"date":"2024-07-23T17:56:47","date_gmt":"2024-07-23T12:26:47","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/?p=11050"},"modified":"2024-07-23T17:56:47","modified_gmt":"2024-07-23T12:26:47","slug":"union-budget-2024-25-12-plug-and-play-industrial-parks-planned-for-national-industrial-corridor-development-programme","status":"publish","type":"post","link":"https:\/\/matribhumisamachar.com\/en\/2024\/07\/23\/union-budget-2024-25-12-plug-and-play-industrial-parks-planned-for-national-industrial-corridor-development-programme\/","title":{"rendered":"Union Budget 2024-25: 12 &#8216;Plug and Play&#8217; Industrial Parks Planned for National Industrial Corridor Development Programme"},"content":{"rendered":"<p style=\"text-align: justify;\">\u00a0\u201cOur government will facilitate development of investment-ready \u201cplug and play\u201d industrial parks with complete infrastructure in or near 100 cities, in partnership with the states and private sector, by better using town planning schemes.\u201d proposed the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman in the Union Budget 2024-25 towards fulfillment of the priority of \u2018Manufacturing &amp; Services\u2019. \u00a0The Budget proposes that creation of Twelve industrial parks under the National Industrial Corridor Development Programme will also be sanctioned.<\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image0018FZ9.jpg\" \/><\/p>\n<p style=\"text-align: justify;\"><strong><u>CRITICAL MINERAL MISSION<\/u><\/strong><\/p>\n<p style=\"text-align: justify;\">Prioritizing further the \u2018Manufacturing &amp; Services\u2019 sector, the Union Budget 2024-25 proposes to set up a Critical Mineral Mission for domestic production, recycling of critical minerals, and overseas acquisition of critical mineral assets. Its mandate will include technology development, skilled workforce, extended producer responsibility framework, and a suitable financing mechanism.<\/p>\n<p style=\"text-align: justify;\">With a focus on offshore mining of minerals,<strong>\u00a0<\/strong>the Union \u00a0\u00a0Finance Minister proposed to launch the auction of the first tranche of offshore blocks for mining, building on the exploration already carried out.<\/p>\n<p style=\"text-align: justify;\"><strong><u>LABOUR RELATED REFORMS<\/u><\/strong><\/p>\n<p style=\"text-align: justify;\">Union Budget 2024-25 also proposes to facilitate the provision of a wide array of services to labour, including those for employment and skilling. \u201cA comprehensive integration of e-shram portal with other portals will facilitate such one-stop solution.\u201d proposed the Finance Minister. Open architecture databases for the rapidly changing labour market, skill requirements and available job roles, and a mechanism to connect job-aspirants with potential employers and skill providers will be covered in these services.<\/p>\n<p style=\"text-align: justify;\">Focusing on \u2018Next Gen Reforms\u2019 the Union Budget 2024-25 proposes to revamp ShramSuvidha and Samadhan portals to enhance ease of compliance for industry and trade, with intent to strengthen them and step up their implementation for expediting our journey towards the goal of Viksit Bharat.<\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image002PHUE.jpg\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0\u201cOur government will facilitate development of investment-ready \u201cplug and play\u201d industrial parks with complete infrastructure in or near 100 cities, in partnership with the states and private sector, by better using town planning schemes.\u201d proposed the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman in the Union Budget 2024-25 towards fulfillment of the &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[8479,8478,8480,6668],"class_list":["post-11050","post","type-post","status-publish","format-standard","","category-business-english-news","tag-economic-growth-initiatives","tag-industrial-corridor-development","tag-industrial-parks-in-india","tag-union-budget-2024-25"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Union Budget 2024-25: 12 &#039;Plug and Play&#039; Industrial Parks Planned for National Industrial Corridor Development Programme - Matribhumi Samachar English<\/title>\n<meta name=\"description\" content=\"Explore the key highlights of the Union Budget 2024-25, including the plan for 12 &#039;Plug and Play&#039; Industrial Parks in the National Industrial Corridor D. 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