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Maharashtra Industrial Development Corporation (MIDC) is a project of the government of Maharashtra state in India and is the leading corporation of Maharashtra. It provides businesses with infrastructure such as land (open plot or built-up spaces), roads, water supply, drainage facilities and street lights.
The corporation is controlled by a board of directors appointed by the state government. Day-to-day management is provided by the vice chairman and managing director supported by a team of joint managing directors, made up of the chief administrator (New Towns), the heads of various departments and personnel from various technical and non-technical disciplines, including officers, engineers ...
The existing city bus service would not be able to cope with this, so a new bus mass transit system will be started with combine efforts from NMC, NIT, MSRTC and MIDC. [5] NMC and NIT are together responsible for civic administration in the Greater Nagpur Metropolitan Area and MSRTC and Indian Railways are responsible for developing logistic ...
MIDC in the 1990s established the third industrial estate in the city by acquiring 902 hectares of land at Shendra village. Shendra Industrial area is a 5-star industrial estate. Shendra has located 17 km from Aurangabad on Jalna road towards the east of the city. It is 8.0 km from Aurangabad airport. The Aurangabad railway station is 19.0 km away.
MIDC facilitates manufacturing business by creating Special economic zones that have infrastructure such as land (open plot or built-up spaces), roads, water supply, drainage facilities, etc. [98] [99] To date, 233 areas have been developed around the state with an emphasis on different sectors such as manufacturing, IT, pharmaceutical and wine.
About 278.08 Hect. of land has come into possession of MIDC. MIDC has provided all the basic infrastructure such as roads, street lights, water supply pipe lines in this area. MIDC has constructed an earthen dam on Motinala to fulfill the requirement of water of the industrial area. MIDC has provided water supply scheme of 4.50 MLD capacity.
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The BMC Annual Budget of ₹52,619.07 for the year 2023-2024 was the first instance that the budget estimate for the BMC to cross ₹50,000 crores in its history. [18] The following are the Income sources for the Corporation from the Central and State Government. [19] [20] [21]