New Delhi (NVI): An initiative aimed at accelerated development of eastern region through an integrated steel hub will be inaugurated in Kolkata tomorrow by Minister for Petroleum & Natural Gas and Steel Dharmendra Pradhan.
Creation of the steel hub would significantly contribute to Purvodaya by propelling socio-economic development in the Eastern region, an official statement said.
This would also be accompanied by social infrastructure in the form of cities, schools, hospitals, skilling centres etc.
Such development, especially in the most under-developed regions these states, will play a significant role in overall socio-economic growth of Eastern India, thus reducing the disparity between the East and other regions of the country.
Growth of steel industry through such a hub would lead to significant employment opportunities across the entire value chain, creating over 2.5 million jobs in the region.
Creation of world-class logistics and utilities infrastructure would also spur development of other manufacturing industries across sectors, the statement said.
The initiative is in line with the vision of Prime Minister Narendra Modi who has highlighted the need for focused
development of the eastern states in order to unleash their untapped potential thereby ensuring the growth of the region as a whole and the country at large, it said.