Visakhapatnam: Prime Minister Narendra Modi said here on Saturday that India has become the center point to the world’s expectations and programmes like PM Gati Shakti were attracting more foreign investments into the country.
Addressing a meeting after launching several infrastructure development projects here, the Prime Minister said PM Gati Shakti has not only speeded up infrastructure development but also helped cut costs. “Integrated view is of prime importance for infrastructure development. Isolated view taken in the past has caused heavy losses to the country,” PM Modi pointed out.
“The world is looking at us very keenly at a time when many countries are struggling. While some countries are facing shortage of essentials, some are facing energy crisis. Almost every country is worried about its sliding economy,” the Prime Minister noted.
“The development journey is multidimensional. The needs of common people and building better and modern infrastructure are entwined to it,” he noted.
Observing that the country suffered heavy losses due to ‘isolated views’ on infrastructure development, the Prime Minister said his government has taken a new approach with importance to an integrated view.
“Infrastructure development with an integrated view became possible through PM Gati Shakti national master plan. It has not only speeded up development but also reduced costs of projects,” he added.
The earlier isolated view had impacted supply chains and increased logistics costs.
“We never got into questions like whether we should develop railways or road transport, ports or highways. We had no ambiguity as supply chains and logistics depended on multi-modal connectivity,” the Prime Minister pointed out.
Referring to schemes like Productivity-Linked Incentives and National Infrastructure Pipeline, Modi said they were attracting increased investments into the country.
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