The National Industrial Corridor NIC that was proposed to be established in the Union Budget of 2014...........

General Knowledge (CLAT) Economy

The National Industrial Corridor (NIC) that was proposed to be established in the Union Budget of 2014-15, will have its headquarters at which city?

Pune

Bhubaneshwar

Bangalore

Hyberabad

Explanation:

The Union Finance Minister Shri Arun Jaitley while presenting his first Budget in Parliament today, announced that a National Industrial Corridor Authority, with its headquarter in Pune, is being set-up with an amount of Rs. 100 crore, to coordinate the development of industrial corridors with smart cities linked to transport connectivity. The Finance Minister has also announced that the Amritsar Kolkata Industrial Master Planning will be completed expeditiously for the establishment of Industrial Smart cities in seven States in this corridor.