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The Prime Minister has approved the commencement of preparatory work for the industrial corridor stretching from Punjab to West Bengal by setting up an inter-ministerial group consisting of secretaries of the ministries of Industry, Finance, Road Transport, Shipping and chairman, Railway Board. It will cover the cities of Amritsar, Jalandhar and Ludhiana in Punjab and Ambala in Haryana. This project is estimated to create 3 million jobs, 5 metro networks, including bullet trains and 8-10 industrial zones. It will also lead to unlocking of new cities, creation of world class infrastructure, including airports and creation of national manufacturing zones which are large sized industrial townships. The rub off effect will be that prices of land in the vicinity of the corridor will go up as development of the corridor picks up speed.