PM Modi announces Rs 100 lakh crore infra package, Gatishakti national master plan in I-day speech

Prime Minister Narendra Modi on Sunday announced a Rs 100 lakh crore Pradhan Mantri Gatishakti initiative which will create employment opportunities for the country’s youth and help in holistic infrastructure growth. Addressing the nation from the ramparts of the Red Fort here on the 75th Independence Day, Modi said along with modernisation, India also needs to adopt a holistic approach in infrastructure building. The prime minister said that the Gatishakti-National Master Plan will be announced in the coming days. The over Rs 100 lakh crore Gatishakti initiative will “bring employment opportunities for youth and help in holistic infrastructure growth”, he said. Modi said that the Gati Shakti plan will help raise the global profile of local manufacturers and help them compete with their counterparts worldwide. It also raises possibilities of new future economic zones. The prime minister also said that India needs to increase both manufacturing and exports. Every product that is sold globally from India is attached to India, which is why I am saying that every product of yours is a brand ambassador for India, he said. India imported mobile phones worth $8 billion seven years ago and is now exporting $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.