Allocate funds for Pharma City and NIMZ, KTR writes to Piyush Goyal
December 23, 2020
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Telangana Information Technology and Industries Minister KT Rama Rao asked Union Commerce and Industry Minister Piyush Goyal to allocate special funds for projects such as Hyderabad Pharma City (HPC), National Industrial Manufacturing Zone (NIMZ, Zaheerabad) and National Design Centre (NDC) in the Union Budget for 2021-22.
He also asked Goyal to allocate funds for setting up of an industrial corridor in the State.
The estimated project cost for taking infrastructure development in the two nodes at HPC and NIMZ is put at ₹ 3,000 and ₹ 2,000 crore respectively.
“We are very keen to take up the development of these two projects on a fast-track basis. We request you to allocate at least 50 per cent of the project cost in the budget estimates for 2021-22,” he said in a letter to the Union Minister on Wednesday.