Infra development to be driving force of economy: PM

New Delhi: Prime Minister Narandra Modi on Saturday said that the government considers infrastructure development as the driving force of the economy, and this will help India become a developed country by 2047. Addressing a post-budget webinar on infrastructure and investment, he said that this year's budget imparts new energy to the growth of the infrastructure sector in the country.

PM Gati Shakti to play a critical role in development: Modi

"We consider infrastructure development as the driving force of the economy, India will achieve the target of becoming a developed nation by 2047 by following this path," Modi said. He said that now there is a need to increase the pace of this development and move on the top gear and in this Prime Minister Gati Shakti national master plan would play a critical role.

Modi added that the government is working to create modern infrastructure in all areas such as roads, railways, ports and airports. It would help in enhancing competitiveness of businesses and reduce logistics cost.

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