Looking at building quality infrastructure of Rs 110 lakh cr: Modi

Kochi, Feb 14 : Prime Minister Narendra Modi, who launched various new projects of central public sector organisations in Kerala’s Kochi on Sunday, announced that his government us looking at building infrastructure worth Rs 110 lakh crore to power India’s rise.
During his flying visit, amid tight security, to Kerala’s commercial capital, Modi who inaugurated the five new projects from a single venue, said the definition and scope of infrastructure has changed and it includes roads and connectivity.
“We are looking at quality and quantity infrastructure of Rs 110 lakhs crore. India is embarking on broadband connectivity for all our villages. Likewise, India has given top most importance to ‘blue economy’… I call upon researchers and fisheries sector for creating more infrastructure, which will be a great tribute to our fishermen,” he said.
Among the projects were the dedication of BPCL’s Rs 6,000-crore propylene derivatives petrochemicals project to the nation, the launch of Sagarika, the Cochin Port’s new Rs 25 crore international cruise terminal, laying the foundation stone for Cochin Port’s reconstruction of the south coal berth and a new knowledge centre of Cochin Shipyard Ltd Vigyana Sagar among others.
Modi, who began his speech by saying that it is always wonderful to be back at Kochi- Queen of the Arabian Sea, touched on all these projects.
“We have gathered here to celebrate the development of Kerala and India through the wide-ranging sectors which will energise the growth trajectory of Kerala. The projects that have been dedicated will help increase foreign exchange, besides offering wide ranging job opportunities,” he said, adding that economic growth requires augmenting existing capacities.