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FIRE Corridors to ignite industrialization and economic development in India: Finance Minister
(09:51, 31 May 2023)

Union Finance and Corporate Affairs Minister, Nirmala Sitharaman emphasized upon the need to ensure continued coordination between the Central and the State Governments and said they should work collectively as 'Team India.' Union Finance Minister stated that ?FIRE Corridors = F - Freight; I - Industrial; R - Railways; E - Expressways? will ignite industrialization & economic development in India. She chaired the 2nd meeting of the Apex Monitoring Authority constituted to review the activities of National Industrial Corridor Development and Implementation Trust (NICDIT). The Finance Minister stated that the rapidity with which the infrastructure is being developed since 2014 needs to be maintained. She urged the State Governments and NICDIT to maintain the same momentum for realizing the vision of Prime Minister Narendra Modi of a Developed India by 2047. She urged all the States to tie up loose ends and move forward and resolve all pending issues through greater exchange and sharing of information to expedite the progress of works in the respective States.

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