Prime Minister Narendra Modi on Saturday said the government considers infrastructure development as the driving force of the economy, which will help India become a developed country by 2047.
Addressing a post-Budget webinar on infrastructure and investment, he said that this year's budget imparts new energy to the growth of the infrastructure sector in the country.
Read also: Progress in physical, digital infra is raising growth potential
"We consider infrastructure development as the driving force of the economy; India will achieve the target of becoming a developed nation by 2047 by following this path," Modi said.
He said that now there is a need to increase the pace of this development and move in top gear, and in this Prime Minister Gati Shakti’s national master plan would play a critical role.
He added that the government is working to create modern infrastructure in all areas, such as roads, railways, ports and airports.
It would help in enhancing the competitiveness of businesses and reduce logistics costs.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.