Narendra Modi government has made a plan of Rs 100 lakh crore investment in infrastructure with some mega projects such as the doubling of railway lines, their widening, dedicated freight corridors from Mumbai to Delhi and Amritsar to Kolkata besides 11 other industrial corridors. Citing other achievements in the infrastructure sector through major schemes, he added that the government has set a target to bring down logistics costs below the national average by 2028 to make exports globally competitive. The minister also expressed confidence that the Modi government has laid a strong foundation for making India a developed nation by 2047 and a $5 trillion economy by 2022. "PM Modi has given us two targets - first is that India becomes a developed country by 2047, and the second is that we become a $5 trillion economy by 2025," says Union Minister Amit Shah at the Assocham Annual Session. Courtesy - ASSOCHAM
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