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India will emerge among top 3 economies in the world by 2025-30: Rajnath

He said under Narendra Modi''s dynamic leadership, India figured in the top 10 economies

Press Trust of India  |  New Delhi 

Rajnath Singh
Rajnath Singh

Union Home Minister has said will feature among the top three economies in the world by 2025-30.

Singh and Union Road and Shipping Minister laid foundation stones for many development projects during their two-day visit to Islands, which began yesterday.

Singh, who was speaking at an event in Port Blair in Islands Islands yesterday, lauded the efforts of Union Shipping Minister and said that development projects like the ones inaugurated on the occasion contribute towards development of the country's economy, according to a statement by Ministry of Shipping.

"Under Prime Minister Narendra Modi's dynamic leadership, India, which now figures in the top ten economies of the world, will emerge as one of the top three economies by 2025- 30," the home minister has said.

Singh and Gadkari inaugurated an alternate sea route to Baratang Island and laid the foundation stone for extension of dry dock in Islands.

Singh said that the home ministry's advisory panel on Islands recently held a meeting and deliberated on various issues with regard to the islands.

On the prevailing security situation, the home minister said that development and security of the country was of uttermost importance.

"Erecting walls and boundaries will not provide security to the country, our strength lies in sea and air which need to be strengthened," he added.

Stating innovation, technology, research and were the need of the hour, Gadkari urged for private investment to developing shipbuilding industry in the islands.

He announced that 14 new ships will be added in Islands in another three years.

Asserting that there is a need to replace diesel- generated power, he said development of hydel, solar and wind in the Islands must be explored.

"As a step towards curbing pollution caused by diesel generation, plans are being made to set up and based in the Islands soon," he stressed.

The minister also urged private investors to develop cruise in the islands.

First Published: Fri, October 06 2017. 21:07 IST