What are National Investment & Manufacturing Zones (NIMZs)?

Dear,

A gist of NIMZ is stated below:

Creation of of NIMZs as mega investment regions equipped with world-class infrastructure has been proposed as a major policy instrument.
The National Investment and Manufacturing Zones (NIMZ) proposed under the National Manufacturing Policy will be managed by a special purpose vehicle, headed by a government official and having experts, including those on environment. The industrial townships will be self-governing and autonomous bodies. Single window clearance will be provided to improve the regulatory environment. A job loss policy/sinking fund will be introduced to protect the interest of labour in the event of a unit's closure within the zone.
The policy was based on the principle of industrial growth in partnership with states. The central government will create the enabling policy framework, provide incentives for infrastructure development on a private-public partnership basis through appropriate financing instruments while state governments will identify suitable land and be equity holders in the NIMZs.
The first phase of the NIMZ will be set up along the Delhi-Mumbai Industrial Corridor and is expected to come on stream in the next few years. The DMIC project covers six states including Haryana, Uttar Pradesh, Rajasthan, Madhya Pradesh, Maharashtra and Gujarat, which account for 43% of the country's GDP, 50% of industrial production and exports and 40% of total workforce. The government estimates that the project will offer employment to over three million people.

Environmental Aspect: To support this policy MoEF has also given some relaxations.

EC for units would be granted on high priority basis with in this zone.
Individual unit should be exempted from public hearing

Regards

Replies

ashish jha March 3, 2012 at 10:58am

thanks sir, really it is very useful Information.
Shabdendu Pathak March 3, 2012 at 1:21am

Thnx Sir.....
Ratnakar Pandey March 2, 2012 at 7:03am
Dear,

A gist of NIMZ is stated below:
- Creation of of NIMZs as mega investment regions equipped with world-class infrastructure has been proposed as a major policy instrument.
- The National Investment and Manufacturing Zones (NIMZ) proposed under the National Manufacturing Policy will be managed by a special purpose vehicle, headed by a government official and having experts, including those on environment. The industrial townships will be self-governing and autonomous bodies. Single window clearance will be provided to improve the regulatory environment. A job loss policy/sinking fund will be introduced to protect the interest of labour in the event of a unit's closure within the zone.
- The policy was based on the principle of industrial growth in partnership with states. The central government will create the enabling policy framework, provide incentives for infrastructure development on a private-public partnership basis through appropriate financing instruments while state governments will identify suitable land and be equity holders in the NIMZs.
- The first phase of the NIMZ will be set up along the Delhi-Mumbai Industrial Corridor and is expected to come on stream in the next few years. The DMIC project covers six states including Haryana, Uttar Pradesh, Rajasthan, Madhya Pradesh, Maharashtra and Gujarat, which account for 43% of the country's GDP, 50% of industrial production and exports and 40% of total workforce. The government estimates that the project will offer employment to over three million people.
Environmental Aspect: To support this policy MoEF has also given some relaxations.
- EC for units would be granted on high priority basis with in this zone.
- Individual unit should be exempted from public hearing
   Regards

       RP
Shabdendu Pathak March 2, 2012 at 6:08am

Welcome Sir, but what exactly are NIMZs????
Ratnakar Pandey March 1, 2012 at 11:58pm

Thanks,

I have already this OM.

This reply was deleted.