Monday, June 14, 2021
Home Opinions Infrastructure development under Modi government is rapidly transforming India

Infrastructure development under Modi government is rapidly transforming India

According to an affidavit submitted by UPA government in 2013, 50% of all National Highways constructed over 30 years since 1980 were built under just 5 years of BJP (Vajpayee’s) government. With BJP government in India since 2014, there’s again increased focus on infrastructure to improve connectivity, stimulate trade and push economic growth.

Project Bharatmala is building 35,000 km highways across 16 states, including 9,000 km of economic corridors. With planned completion by 2022, this is intended to improve connectivity, enable faster movement of goods, create 22 million jobs and decrease supply chain costs from the current average 18% to 6%. This Bloomberg report calls out India for building new roads at “breakneck pace”.

Sagarmala Project is modernizing 12 major ports and 185 minor ports along the entire 7,500 km long coastline of India. With planned completion by 2022, it would stimulate trade, create 10 million new jobs, provide logistic costs savings of over Rs. 35,000 crore per year and potential GDP increase by 2%. Similar port modernization since 1978 at Shenzhen, China had helped create seven million jobs and city’s GDP grew by 50 times to $180 billion.

For intra-city commute, while China has built more than 3,600 km of Metro network in 39 cities, India has operational metro in only 8 cities covering a total track length of 370 km. The current urban development ministry is working with state governments on expanding Metro networks across 24 new cities including Ahmedabad, Bhopal, Guwahati, Indore, Kanpur, Kozhikode, Nagpur, Patna, Pune, Vijayawada and Varanasi among others.

For inter-city commute, Bullet Train (High Speed Rail) on Mumbai-Ahmedabad route is being built through a 508 km track which includes 7 km undersea tunnel. Planned to be operational by 2022, bullet trains traveling at 320 km/h will reduce travel time between business-critical cities of Mumbai and Ahmedabad from 7 hrs to 2 hrs. In addition to Mumbai-Ahmedabad route, five more high speed corridors along diamond quadrilateral are being evaluated. With these additional corridors, High Speed Rails in India will cover more than 10,000 km.

One of the world’s largest infrastructure project, Delhi Mumbai Industrial Corridor (DMIC) is creating 23 industrial hubs, 24 smart cities, two power plants, six airports, two ports and a six-lane expressway stretching 1,500 km connecting the industrial cities of Delhi and Mumbai. Once completed, time to transport goods from Delhi factories to shipping ports will reduce from 14 days to 14 hours. The project is expected to create 25 million jobs over 7 years, with Phase 1 planned to be completed by 2019.

GIFT (Gujarat International Finance Tec City) is being developed as a large business district between Ahmedabad and Gandhinagar. As India’s first smart city with world-class infrastructure, it will have features like Automated Waste Collection System (AWCS), District Cooling System (DCS), underground cables for electric supply, smart parking, smart transport and public wi-fi. GIFT is developed as a Special Economic Zone (SEZ) with tax incentives for attracting Banks, Stock Exchanges, I.T. companies and campuses of renowned global universities. Planned to be completed by 2023, it is expected to generate one million jobs including direct and indirect employment. Spread across a construction area of 8.5 million square meters, it is significantly larger than Tokyo’s Shinjuku district (1.6 million square meters) and London’s Docklands (1.1 million square meters) (source: TheEconomicTimes report here)

“Navi Mumbai International Airport” is being constructed with capacity to handle 80 flights per hour and 10 million passengers per year. First phase is planned to be operational by end of 2019. Subsequent phases will add additional passenger handling capacity. This will significantly reduce the pressure on Mumbai International Airport which is currently choked due to capacity constraints.

In addition, UP has received approval for Jewar International Airport in Noida and construction is planned to begin in 2019. With 40 to 50 million passengers per year capacity, it will reduce the load on New Delhi International Airport and help promote tourism in nearby UP (Mathura, Vrindavan etc.)

Under Regional Connectivity Scheme (RCS), the central government has granted twenty-four airports and helipads across the country out of which 22 airports are for the North-East region (and 2 in J&K). As part of “Look East” policy, Arunachal Pradesh will have airports in nine locations, Assam will have five, Manipur will also get five, Meghalaya, Tripura, and Sikkim will have one airport each. The government wants to connect the remote areas of India with each other through air as improved connectivity is the key to economic growth of every state.

Economic corridors and highways; metro trains and bullet trains; seaports and airports – all translate to better connectivity, faster movement of goods and people, faster trade and rapid economic growth. As quoted by Finance Minister Arun Jaitley, between last year of UPA government and current year of present government, the infrastructure expenditure has increased by 134% and the road sector itself has witnessed an increase by 189%. Modi government deserves appreciation for its effort in building a new India.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

Shashank Goyal
IIM-A alumnus, Software Sales Professional, Writes about business, economy and politics; Passionate about numbers, facts and analysis Tweets @shashankgoyal01

Related Articles

Trending now

60-year-old woman gang-raped in front of her grandson: More horror stories emerge from Bengal as women speak up in SC

Women in West Bengal have moved the Supreme Court narrating the details of the horrifying gang-rapes they were subjected to in the post-poll violence by the members of ruling party.

G7 summit: Italian PM calls for review of China’s Belt and Road initiative, calls China an autocracy that doesn’t respect multilateral rules

The Italian Prime Minister pointed out that while the country's participation in China's expansionist policy was not raised at G7, the agreement will be carefully assessed.

Remembering Sushant Singh Rajput: An actor with a difference

Sushant Singh Rajput represented the hope of millions of middle-class individuals, hoping to make it big in Bollywood.

PM Modi kills the manufactured stories about his rift with Yogi Adityanath with just three words

In a rare gesture, PM Modi publicly praised Yogi Adityanath for a scheme amid the manufactured reports about rift between the two

Indian embassy in Turkey shuts up Turkish state-run publication for peddling Pakistani propaganda against India

State-run news agency of Turkey publishes Pakistani propaganda saying India issuing fake domicile certificates in Kashmir

Mumbai: Video of a car sinking in a hole within seconds goes viral after incessant rains. Watch

The car has been pulled out with the help of a crane from the 40 feet deep well and no injuries have been reported.

Recently Popular

Kamal R Khan calls Mika Singh ‘anpadh gawar sooar’ after the singer released a diss track titled ‘KRK Kutta’: Here is how the feud...

The feud between KRK and Mika Singh descends to calling each other ‘dogs’ and ‘pigs’, here how it unfolded

How a ‘liberal’ filmmaker went from criticising Rahul Gandhi to saying ‘I am on your side’ and what it shows

Congress and their loyalists are still not able to get over the shock of not only losing 2019 elections, but BJP outperforming them and itself from the previous term.

PM Modi kills the manufactured stories about his rift with Yogi Adityanath with just three words

In a rare gesture, PM Modi publicly praised Yogi Adityanath for a scheme amid the manufactured reports about rift between the two

Mumbai: Video of a car sinking in a hole within seconds goes viral after incessant rains. Watch

The car has been pulled out with the help of a crane from the 40 feet deep well and no injuries have been reported.

Shiv Sena leader demands a flyover in Mumbai be renamed after Moinuddin Chishti, who credited himself for capturing Prithviraj Chauhan

The leader of the so-called Hindutva party stated that the Muslim community’s demand must be respected and the flyover be renamed at the earliest.

Karnataka: Ibrahim steals cow from his Hindu neighbour’s house, slaughters and sells the meat at local market

Ibrahim slaughtered the animal in his house and then went ahead and even sold the slaughtered meat at a local market.
- Advertisement -

 

Connect with us

255,564FansLike
552,875FollowersFollow
24,300SubscribersSubscribe