New Delhi: The government’s work in the first 100 days highlights its priorities and reflects the speed and scale, Prime Minister Narendra M...
New Delhi: The government’s work in the first 100 days highlights its priorities and reflects the speed and scale, Prime Minister Narendra Modi said here on Monday, adding that 140 crore citizens are working with the resolve of making India the third-largest economy in the world.
Inaugurating the fourth Global Renewable Energy
Investors’ Meet and Expo (RE-INVEST) here, PM Modi said that in these 100 days,
multiple decisions have been taken to expand the physical and social
infrastructure of the nation.
“India is on the path to constructing seven crore
houses which is more than the population of many countries, while four crore
houses have been handed out to the people in the last two terms,” the Prime
Minister told the gathering.
PM Modi highlighted the decisions to create 12 new
industrial cities, approval for 8 high-speed road corridor projects, launching
of more than 15 semi-high speed Vande Bharat trains, the inception of a
research fund worth Rs 1 trillion to promote research, the announcement of
various initiatives to drive e-mobility, promotion of high-performance
biomanufacturing and approval to Bio E3 policy.
“Aspirations of India is the reason behind the
re-election of the government for the third term,” PM Modi remarked.
Emphasizing the developments in the green energy
sector in the last 100 days, the Prime Minister mentioned the initiation of a
viability gap funding scheme for offshore wind energy projects worth more than
Rs 7,000 crore.
PM Modi said India is working towards producing
31,000 megawatts of hydropower in the coming times with an outlay of Rs 12,000
crore.
“India’s diversity, scale, capacity, potential, and
performance are all unique and pave the way for Indian solutions for global
applications. Not just India, but the whole world is believing that India is
the best bet of the 21st century,” the PM said.
The Prime Minister underlined that as a developing
economy, India had a valid excuse to stay out of these commitments but did not
choose that path. “Today’s India is preparing a base not only for today but for
the next thousand years,” he said.
The country is well aware of its energy needs and
requirements to make it a developed nation by 2047, said PM Modi, adding that
India had decided to build its future based on renewables like solar
power, wind power, nuclear, and hydropower, as there was a dearth of reserves of
oil-gas.
PM Modi outlined the nation’s goals to achieve the
target of 500 GW of renewable energy by 2030. India is the first G20 nation to
achieve the climate commitments set in Paris, that too nine years before the
deadline.
The ‘PM Surya Ghar Free Electricity Scheme aims to
ensure that every household becomes a power producer.
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