Efforts on to attract int’l investment for India’s infrastructure: PM Modi inaugurates Agra Metro

New Delhi: Prime Minister Narendra Modi inaugurated the construction work of the Agra Metro project in Uttar Pradesh today through video conference, and also spoke about the RERA laws and Pradhan Mantri Awas Yojana (PMAY). Union Minister of Housing and Urban Affairs (MoHUA), Hardeep Singh Puri; Uttar Pradesh Chief Minister Yogi Adityanath; and other dignitaries attended the event.

Speaking on the occasion, PM Modi pointed out that one of the major problems of the country’s infrastructure sector has been that new projects were announced, but not much attention was given to where the money would come from. He added that his government has ensured the necessary funds at the start of the new project itself.

The PM said more than Rs 100 lakh crore will be spent under the National Infrastructure Pipeline Project and that work is also being done on the Multi-modal Connectivity Infrastructure Master Plan. He added that efforts are on to attract investment from all over the world to improve the country’s infrastructure.

Terming tourism as a sector in which there are means of earning for everyone, Prime Minister Modi stated that not only has the government increased the number of countries covered under the e-Visa scheme, it has also reduced the tax on hotel room tariff significantly. Efforts are also being made to attract tourists through schemes like Swadesh Darshan and Prasad, he added. With the efforts of the government, India is now ranked at number 34 in Travel and Tourism Competitiveness Index, he stated, adding that in 2013, India was ranked 65th in this index. He expressed hope that as the Covid pandemic situation continues to improve, the charm of the tourism sector will also return.

The Prime Minister said reforms are now being carried out in a wholesome manner rather than in piecemeal manner, remarking that for the development of cities work has been done at 4 levels – resolution of long standing problems, ease of living, maximum investment, and more use of modern technology.

PM Modi shared that after 2014, 450 km of metro line have been made operational as compared to a mere 225 km before that. He also informed that work on the 1,000 km long metro lines is progressing expeditiously. This work is on in 27 cities of the county.

The Agra Metro project comprises 2 corridors with a total length of 29.4 km, and connects major tourist attractions like Taj Mahal, Agra Fort, and Sikandra with railway stations and bus stands. The project will benefit the 26 lakh population of the city of Agra and will also cater to more than 60 lakh tourists who visit Agra every year. It will provide an environment-friendly Mass Rapid Transit System to the historic city of Agra. The estimated cost of the project will be Rs 8,379.62 cr which will be completed in 5 years, said the Prime Minister’s Office in a press statement.

On 8th March 2019, Prime Minister Modi had inaugurated the Agra Metro project along with the commencement of commercial operations of Lucknow Metro on the entire 23 km long North-South corridor from CCS Airport to Munshipulia.

Watch Prime Minister Narendra Modi’s full speech at the event:


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The ID Staff

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