India

PM Gatishakti Yojana effective in increasing investment: Modi

Visakhapatnam. Prime Minister Narendra Modi on Saturday said India has become a hotspot for the world and schemes like PM Gati Shakti are attracting foreign investments in a big way.

Addressing a public meeting after launching various infrastructure development projects, Prime Minister Narendra Modi said that PM Gatishakti has not only given impetus to infrastructure development but has also helped in reducing costs.

Modi said, a holistic approach is most important for infrastructure development. The single/solitary approach adopted in the past has caused huge losses to the country. He said that supply-chain and ‘logistics’ depend on multi-level connectivity and multi-modal transport system will be the future of all cities.

Prime Minister Modi underlined that ‘Blue Economy’ has become a top priority for the first time. He said that port based development has become important now. (Language)

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