The Delhi-Mumbai Industrial Corridor is a major infrastructure project that India is developing with Japan. The project will upgrade nine mega industrial zones as well as the country’s high-speed freight line, three ports, and six airports. A 4,000 MW power plant and a six-lane intersection-free expressway will also be constructed, which will connect the country’s political and financial capitals. The DMIC project is already underway and it will cover six states — Rajasthan, Gujarat, Maharashtra, Haryana, Uttar Pradesh and Madhya Pradesh.
The mega-project, which is rumored to cost over $90 billion, is being partially funded by the government along with Japanese loans and investment by Japanese firms. The 24 green cities are designed to boost India’s infrastructure in the smaller towns along this 1,483km corridor, as well as national economic growth and prosperity. A key part of the green city development will improve and repair the basic infrastructure of two major metropolitan cities that suffer from poor roads due to high levels of transport. A large portion of the funding will go into developing better transport facilities and public transport systems.
– honestly, 90 Billion seems rather cheap.. especially when you look at what countries are spending ‘bailing out’ their banks. Imagine if they invested in their infrastructure with that money instead!!!
The Committee to Nuke Elysium 