Prime Minister Narendra Modi on Friday stated that accelerated infrastructure development was his top priority, and stressed the need for creating world-class infrastructure in India
Prime Minister Modi, who reviewed the progress of eight major infrastructure sectors: Civil Aviation, Ports and Inland Waterways, Railways, Roads, Telecom, Power, Coal, and New and Renewable Energy, emphasized the importance for monitoring the progress of infrastructure development through efficiency parameters which have been identified for each of the sectors.
He said that the ministries should monitor them on electronic reporting formats.
Prime Minister Modi said initiatives undertaken by the state governments as well as PSUs with other countries, including SAARC countries, should also be taken into account while monitoring the progress of infrastructure sectors.
Prime Minister Modi said the Sagarmala project should lead to port-led development and become a major link element for his 'Make in India' vision, which envisaged a quantum jump in India's global trade.
He said that the Railways has been granted clearance for 100 percent FDI, and therefore the Railways should come up with a comprehensive plan for facilitating FDI in the sector.
Prime Minister Modi reiterated his emphasis on renewable energy, including solar energy. He called for a solar-powered corridor along the India-Pakistan border, in the desert regions of Rajasthan and Gujarat. Two pilot projects of five MW each are being initiated in this regard.
Referring to his vision of solid waste management and waste water management in 500 towns through the PPP model, he said bio-energy would be a vital element of this vision.
Prime Minister Modi also called for provision of world-class utility facilities along new road projects to bring about a paradigm shift in India's global perception.
All the sectors broadly reported significant improvement in performance over the last four months, as compared to the previous year.
This was part of the regular series of reviews on infrastructure which the Prime Minister takes every month.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
