India's growth not possible without infra development:( 13:00, 24-Aug-16)
In absent of speedy expansion, up-gradation of basic infrastructure, India’s progress is incomplete. Government to review the progress in core infrastructure sectors and noted that there has been ‘phenomenal progress’ in crucial sectors such as renewable energy and railways. Prime Minister Narendra Modi said that the development journey of India is special and sustained efforts are characterized by speed and scale, which can usher an era of historic growth. He also emphasized that the India story is also about resilience, when the world economy is weakening and slowing down, India is a ray of hope.
Minister further said that doing business is easier today than it was and big level corruption and bottle necks are becoming history and added that they will continue building on this progress and achieve their aim of transforming India. Besides, India had two drought years but still agriculture production has not decreased and will try hard to give farmers an expansive market and more money for their produce continue.
Narendra Modi also stated that the cumulative installed capacity in the new and renewable energy sector has crossed 44 GigaWatts. Targets have been met for various components and projects under Centre and State policies. As far as the railways are concerned, he said that the Indian Railways has achieved its target of daily passenger movement and 40 unmanned crossings have been eliminated in the first quarter of the current fiscal year.Powered by Capital Market - Live News