Indore (Madhya Pradesh): Ahead of the Global Investors' Summit, scheduled in Bhopal on February 24 and 25, the MP Industrial Development Corporation (MPIDC) published the draft notification of the ambitious Indore-Pithampur Economic Corridor Scheme.

The project will come up on 3200 acres of land right from behind the Bijasan Hill to Pithampur Toll booth at an estimated cost of Rs 2,000 cr.

The MPIDC has invited claims and objections over the project, to be implemented under the Land Pooling Act, in the next 30 days. The city-based regional office of MPIDC has announced the Indore-Pithampur Economic Corridor Scheme through a notification. The MPIDC has also published the Khasra numbers of the lands of 17 villages falling under the scheme.

As per the scheme, the land owners will be given 50 percent of the plotting area in lieu of compensation. Sources said that the Indore- Pithampur corridor was very important and the process of land acquisition had started. About 300 metres of land on both sides of the corridor had been included in it. Along both sides of the corridor industrial, commercial, residential and other activities would be encouraged.

However, instead of giving 50 percent land directly to the landowners, the MPIDC will give 50 percent of the plotting area, so that the landowners will not need additional permission or development. They will get developed plots with all permissions, due to which they will be able to use the land directly.

Official sources of MPIDC Indore regional office said that 30 days had been given for claims and objections, in which the Khasra numbers of Kodiya, Nanod, Rinjlai, Bislavada, Navada Panth, Shriram Talavli, Sindora, Sindidi, Shivkheda, Narlai, Moklai, Dehri, Sonway, Bhainslai, Bagoda, Tohi and Dhad villages had also been published. More than Rs 2000 crire would be spent on the development of this corridor.

It may be pointed out that the construction work of about 20.3 km long Indore-Pithampur Economic Corridor, starting from behind the Bijasan Hill to Rau Toll and further connecting AB Road, is likely to start in the next six months. The corridor is considered an economic growth engine of the western part of the city.