PM Modi announces Rs 100 lakh crore infra development programme ‘Gatishakti’

Prime Minister Narendra Modi announced a Rs 100 lakh crore ‘Gatishakti’ initiative to bring employment opportunities for the youth and to help in holistic infrastructure growth.

Addressing the nation from the ramparts of the Red Fort on India’s 75th Independence Day, the PM said India will launch the ‘Pradhan Mantri Gatishakti National Master Plan’. Gatishakti, he said, will help local manufacturers turn globally competitive and also develop possibilities of new future economic zones.

India imported mobile phones worth USD 8 billion seven years ago and is now exporting USD 3 billion worth of mobile phones, the prime minister said.

Along with modern infrastructure, India needs to adopt a holistic approach in infrastructure construction, the prime minister stressed in his Independence Day address after hoisting the tricolour.

“We will have to work together for manufacturing world class products, using cutting-edge innovation and new age technology,” he told the nation.

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