Announces Infrastructure projects Archives - Vizag One https://www.vizagone.com/tag/announces-infrastructure-projects/ Visakhapatnam - City of Destiny Sat, 13 Jul 2024 15:55:11 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://www.vizagone.com/wp-content/uploads/2023/11/cropped-vizagone-logo-500x500-jpg-32x32.jpg Announces Infrastructure projects Archives - Vizag One https://www.vizagone.com/tag/announces-infrastructure-projects/ 32 32 PM Modi states, “My goal is to make Mumbai the global capital of fintech,” as he announces infrastructure projects worth Rs 29,000 crore. https://www.vizagone.com/news/pm-modi-states-my-goal-is-to-make-mumbai-the-global-capital-of-fintech-as-he-announces-infrastructure-projects-worth-rs-29000-crore/ https://www.vizagone.com/news/pm-modi-states-my-goal-is-to-make-mumbai-the-global-capital-of-fintech-as-he-announces-infrastructure-projects-worth-rs-29000-crore/#respond Sat, 13 Jul 2024 15:55:09 +0000 https://www.vizagone.com/?p=407 In Mumbai, Prime Minister Narendra Modi has launched a massive investment campaign worth Rs 29,000 crore, which includes important projects in the transportation, ports, and railway industries. This project is a part of a larger plan to establish Maharashtra as a major player in the global financial sector, with Mumbai positioned to become a hub […]

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In Mumbai, Prime Minister Narendra Modi has launched a massive investment campaign worth Rs 29,000 crore, which includes important projects in the transportation, ports, and railway industries. This project is a part of a larger plan to establish Maharashtra as a major player in the global financial sector, with Mumbai positioned to become a hub for fintech.

According to a report by the RBI, eight crore new jobs have been made accessible in the nation in the previous three to four years, according to Prime Minister Narendra Modi. “RBI recently published a detailed report on employment,” Modi said, “speaking at an event in Mumbai’s Goregaon district after unveiling and laying the foundation stone for Rs 29,000 crore projects in the city’s road, railway, and port sectors.

Approximately eight crore new jobs were created in the last three to four years, according to the research. “Those promoting false narratives about jobs have been silenced by this figure,” Modi stated.

“Skill development and employment are needed in the country and our government is working in this direction,” he stated. According to him, the impending infrastructure developments in and around Mumbai will improve the city’s connectivity with neighboring places.

“Small and big investors have welcomed our government’s third term with enthusiasm,” he stated. “My aim is to make Maharashtra the world’s big financial powerhouse and to make Mumbai a global fintech capital,” he stated.

Speaking at the opening ceremony held at the NESCO Exhibition Centre in Goregaon, Prime Minister Modi stated, “Eight crore new jobs created in India in last 3 to 4 years; this figure has silenced those spreading fake narrative on jobs.”

“My aim is to make Maharashtra the biggest economic powerhouse in the world,” he said, demonstrating his faith in the state’s economic potential. He emphasized how both big and small investors reacted favorably to the government’s expanded mandate.

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