PM Modi: 11 Years of Infrastructure Revolution Boosting 'Ease of Living'
Prime Minister Narendra Modi marked "11 Years of Infra Revolution," stating India's rapidly expanding infrastructure network across railways, highways, ports, and airports significantly boosts 'Ease of Living' and national prosperity. He emphasized that these developments, including smart cities and improved commutes, foster confidence, connectivity, and a self-reliant India. This sustained focus on infrastructure, he noted, lays the foundation for transforming the nation's future and uplifting every citizen.
Unpacked:
Key projects include expansion of the National Highways network under Bharatmala Pariyojana, development of economic corridors, smart city initiatives, and advancements in logistics through multimodal parks. Notably, over 18,900 km of highways have been completed and initiatives like the Kanpur-Lucknow Expressway have introduced cutting-edge construction technologies.
The government has significantly increased capital expenditure on infrastructure, with a record allocation of approximately $120 billion in 2023–24, equating to 3.3% of India’s GDP. This includes central government spending, support to states via interest-free loans, and asset monetization strategies to attract private investment.
Major challenges include environmental and logistical issues in project regions, such as harsh climates and lack of basic amenities, as well as broader concerns like unemployment and skill gaps. Retaining workers in remote areas and ensuring connectivity also present difficulties, along with maintaining the pace of technological adoption.
Improved roads, railways, and urban infrastructure have enhanced connectivity, reduced commute times, and facilitated economic opportunities. Initiatives such as smart cities and logistics parks aim to further improve quality of life, though benefits may be uneven and dependent on successful project implementation and local adaptation.