PM promises ₹100 lakh-cr infrastructure investment

In his Independence Day speech, Prime Minister Narendra Modi informed that the Centre will soon unveil a ₹100 lakh crore national master plan- Gati Shakti. The initiative is taken towards developing the country's infrastructure, creation of new jobs and making the manufacturing sector globally competitive. It will be a National Infrastructure Master Plan for the country which will lay the foundation of holistic infrastructure. For now, there is no coordination between various means of transport, but Gati Shakti will break the silos and remove all obstacles. This will reduce travel time and increase the industry's productivity. In this decade, the power of speed will form the basis of India's transformation. India will have to increase its manufacturing and exports. PM pointed out that INS Vikrant is an example of the country's capabilities in indigenous manufacturing as it makes its own indigenous fighter aircraft and submarine.