PM launches and dedicates projects worth Rs 29,400 crores in Mumbai

MUMBAI: The Prime Minister, Narendra Modi laid the foundation stone and dedicated to the nation multiple projects related to the road, railways and ports sector worth more than Rs Rs 29,400 crores in Mumbai, Maharashtra on Saturday.

Addressing the gathering, the Prime Minister expressed happiness for getting the opportunity to lay the foundation stones and dedicate multiple projects worth more than Rs 29,400 crores to improve road and rail connectivity between Mumbai and nearby regions.

He also spoke about a huge skill development project for the youth of Maharashtra which will further boost employment opportunities in the state. The Prime Minister mentioned Vadhavan port which was recently approved by the central government. “The 76,000 crore rupees project will create more than 10 lakh jobs”, he added.

Touching upon the investor mood in Mumbai in the last one month, the Prime Minister said that both small and big investors have enthusiastically welcomed the third term of the government. He noted that a stable government will work with triple speed in its third term.

“The development model of the NDA government has been to give priority to the deprived”, the Prime Minister emphasized, mentioning the first decision of the new government to build 3 crore houses for the poor. 4 crore families have already received houses. Lakhs of dalits and deprived in Maharashtra also benefited from the Awas Yojana. “We are committed to fulfilling the dream of owning a house for both the poor and the middle class living in cities”, he added.

He talked about the role SVANidhi Scheme is performing in restoring dignity in the life of the street vendors. He informed that about 90 lakh loans have been approved under the scheme including 13 lakhs in Maharashtra and 1.5 lakh in Mumbai itself. He quoted a study that says that the scheme has resulted in a monthly increase of 2 thousand rupees in the income of these vendors.

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