PM Modi said – Infrastructure development is the power of the economy, India will become a developed nation by 2047

Prime Minister Narendra Modi on Saturday (March 4) addressed the post-budget webinar on 'Infrastructure and Investment'. During this, Narendra Modi said that the government considers infrastructure development as the driving force of the economy and this will help India become a developed country by 2047.
PM Modi said that this year's budget provides new energy to the development of the infrastructure sector in the country. He said that along with the strength of the physical infrastructure, it is equally necessary for the social infrastructure of the country to be strong.
He said that the stronger our social infrastructure, the more talented youth and skilled youth will be able to come forward to work. That's why it is very important to emphasize skill development, project management, and financial skills.
The PM said that the Gatishakti National Master Plan is going to rejuvenate India's infrastructure and multi-modal logistics. It is a great tool to integrate economic and infrastructure planning and development. He said that we consider infrastructure development as the driving force of the country's economy. Following this path, India will achieve the target of development by 2047.
Modi said that under the National Infrastructure Pipeline, the government is aiming to invest Rs 110 lakh crore in the coming years. In such a situation, it is time for new responsibilities, new possibilities and bold decisions for each of the stakeholders. Infrastructure has always been important in the development of any country.
He further said that for decades, thinking prevailed in our country that poverty is an emotion. Because of this thinking, the previous governments used to have difficulty investing in the country's infrastructure. Our government has not only taken the country out of this thinking, but it is also making record investments in modern infrastructure.
The Prime Minister further said that now there is a need to increase the pace of this development and put it in top gear and in this, the Pradhan Mantri Gati Shakti National Master Plan will play an important role. He said that the government is working to create modern infrastructure in all sectors like roads, railways, ports and airports. This will help in increasing the competitiveness of the businesses and reduce the logistics cost.
Narendra Modi further said that today the average annual construction of National Highways has doubled as compared to 2014. Before 2014, every year 600 route km of the rail line was electrified and today this figure has come down to 4000 route km. The number of airports has also increased from 74 to around 150 as compared to 2014.