Small towns are foundation of New India : PM Modi

Speed Post News Network

New Delhi : Prime Minister Narendra Modi while replying to the Motion of Thanks on the  President’s Address in Parliament said in Rajya Sabha on February 6, 2020, that the  target of $ 5 trillion economy is ambitious but we have to think big and move ahead.  “Let me reassure you that India’s economy is strong. India is pursuing a dream of $ 5 trillion economy with full speed and full potential,” the Prime Minister said.

The Prime Minister emphasised that to fulfil the dream of $ 5 trillion economy, the government is focussing on village and city infrastructure, MSMEs, textiles, technology, and tourism. Several steps have been taken to take all these sectors forward. All the processes including tax structure have been simplified to give momentum to Make in India. These steps will ensure new enthusiasm in the country about manufacturing. The merger policy in the banking sector has already started yielding meaningful results, he said.

Small towns are the foundation of New India : The Prime Minister stated that the most aspirational youth of the country live in the small town which is also the foundation of the new India.“ Today more than half of the digital transactions in the country are taking place in small cities. Half of the startups being registered in the country are in Tier-2, Tier-3 cities. That is why we are focussing on the construction of modern infrastructure in Tier-2, Tier-3 cities at a rapid pace. Highway and rail connectivity are being rapidly improved,” he said, according to a PIB release.

100 more airports by 2024 : The Prime Minister said that recently 250th route was launched under UDAN scheme. This has made  air connectivity affordable and accessible in 250 small cities of India.“ From independence to 2014 whereas there were only 65 operational airports in the country, they have increased to more than 100 in the last 5 years. The target is to develop 100 more airports by 2024, mostly in Tier-2, Tier-3 cities,” PM Modi said.