Discuss the idea of “Virtual Water” and how it relates to India’s complex drainage system’s strategic management of water resources.
Model Answer Introduction Industrial corridors are vital to India's economic development, providing a robust platform for industrial growth through modern infrastructure and logistics facilities. They play a crucial role in stimulating economic activity, attracting investment, creating jobs, and enhRead more
Model Answer
Introduction
Industrial corridors are vital to India’s economic development, providing a robust platform for industrial growth through modern infrastructure and logistics facilities. They play a crucial role in stimulating economic activity, attracting investment, creating jobs, and enhancing the overall standard of living.
Significance of Industrial Corridors in India
- Promote Industrialization: Industrial corridors facilitate the establishment of new industrial clusters, fostering industrialization and economic growth.
- Infrastructure Development: These corridors focus on developing essential infrastructure, such as power, water supply, and transportation, vital for industrial growth.
- Job Creation: The development of these corridors is expected to create numerous jobs, reducing unemployment and improving livelihoods across regions.
- Attract Foreign Investment: Industrial corridors are designed to attract foreign investment, facilitating the transfer of technology and expertise, which can bolster domestic industries.
- Regional Development: By promoting industrial growth, these corridors contribute to the overall development of regions, enhancing living standards for the local population.
Identifying Industrial Corridors and Their Characteristics
- Delhi-Mumbai Industrial Corridor (DMIC):
- Length: 1,483 km.
- Aims to create futuristic industrial cities via high-speed connectivity.
- Estimated cost: USD 100 billion, funded by the Government of India and Japanese investments (Source: DMIC Development Corporation).
- Chennai-Bengaluru Industrial Corridor (CBIC):
- Covers Tamil Nadu, Andhra Pradesh, and Karnataka.
- Focuses on creating a high-tech industrial zone, funded by the Japan International Cooperation Agency (JICA).
- Bengaluru-Mumbai Economic Corridor (BMEC):
- Covers Maharashtra and Karnataka.
- Aims to foster a knowledge-based economy through research and innovation, supported by UK collaboration.
- Amritsar-Kolkata Industrial Corridor (AKIC):
- Spans Punjab, Haryana, Uttarakhand, Uttar Pradesh, Bihar, Jharkhand, and West Bengal.
- Utilizes the Eastern Dedicated Freight Corridor as its backbone.
- East Coast Economic Corridor (ECEC):
- Covers West Bengal, Odisha, Andhra Pradesh, and Tamil Nadu.
- Aims to enhance industrial competitiveness through port and logistics development.
- North East Myanmar Industrial Corridor:
- Part of the India-Japan partnership, aimed at boosting connectivity and economic growth in Northeast India.
Conclusion
The development of industrial corridors in India is crucial for sustained economic growth and overall development. By fostering new industries, promoting exports, and creating employment opportunities, these corridors represent a significant step toward transforming the Indian economy.
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Virtual water refers to the concealed water used in the production of commodities and services, which are subsequently traded or consumed. It embodies the water quantity entailed in the complete production cycle of an item, encompassing crop cultivation, manufacturing, and transportation. For examplRead more
Virtual water refers to the concealed water used in the production of commodities and services, which are subsequently traded or consumed. It embodies the water quantity entailed in the complete production cycle of an item, encompassing crop cultivation, manufacturing, and transportation. For example, the water employed in cultivating and processing coffee beans, subsequently exported and utilized in another nation.
Components of Virtual Water
Pertinence of Virtual Water in the Strategic Management of Water Resources within India’s Intricate Drainage System
To conclude, the paradigm of ‘Virtual Water’ offers a transformative avenue for India’s water resource management. By harnessing this concept innovatively through smart agricultural shifts, leveraging global trade dynamics, promoting water-savvy industries, fostering collaborative interstate agreements, and integrating urban farming initiatives, India can pave the path for a future where water scarcity is mitigated, ecological equilibrium is restored, and a harmonious coexistence with our intricate drainage system is realized.
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