The Infrastructure Revolution under the Modi Government.

The Infrastructure Revolution under The Modi Government.

 Infrastructure development has been utmost priority of Modi govt.we know last 7 years modi government  has taken several big  project to boost infrastructure. Modi govt allocated more than Rs 50 lakh crore ($700 billion) on  high way construction ,railway line electrification,pipe water supply ,housing development, Green energy, irrigation,New sea port etc.

We know on 15 August '21,Prime Minister Narendra Modi has announced ‘PM Gati Shakti National Master Plan’ worth Rs 100 lakh crore($1.4 trillion) which will help in employment opportunities and holistic infrastructure.

Infrastructure development under 7 years of Modi Govt.

✔National Highway more than double ( 2014-21)-

Total NH constructed under 7 Years  of Modi govt. 59,727 km & total NH under 10 years of UPA was 25,727  km.

✔Railway line electrified near 5 times  (2014-21)-

Under 7 yr of modi govt Railway line electrified  18065 km and under  UPA govt (2008-14 ) it was just 3,835 km.

✔Rural Piped Water Supply increases

Under Modi  42.5% rural households  have pipe water ,total  number become  8 cr or 80mn..

10 years of UPA govt, Rural piped water connection was just  13% ,total number of connection  was 1.78 cr (17.8 mn).

✔Renewal energy installations jumped

Under 7 yrs of Modi govt,2014-May'21 ,Solar installations jumped over 13 times from 3 MW to 41 MW .

2014-May'21 , wind energy capacity increased 2times from 21GW to 41GW.

✔Metro Rail infrastructure

Before Modi only 5 cities had metro services and total metro line 248 km.

Under 7 yr of  Modi govt, 18 cities have metro rail service and metro line 717 km. 

✔Affordable housing for all

We know Modi govt announced Pradhan Mantri Awas Yojana, In June 2015 main aims of this yojana to provide affordable housing for all by 2022.

Through this scheme, the government aims to subsidise the construction of 2.95 crore rural houses and 1.2 urban houses by 2022.

Above  infrastructure programme will help boost productivity of industries and boost the economy ......I think India will be $5-trillion economy  by 2025 & $10 trillion by 2032.

India will 3rd largest Economy with GDP USD 12 trillion by 2030.

 India will  3rd Largest Economy with GDP  USD 12 trillion by 2030.

India will  world's Fastest Growing Economy in coming Decade.

India will  3rd largest economy with  USD 12 trillion by 2030.

India has the potential to  achieve 10-12% growth per annum, but it's needs major reforms in Agriculture sector (needs supply side reforms and focus on demand side ).

India has achieved only 200% growth between 2000-15. (Rs 46 lakh crore  to Rs 137 lakh crore).

I think 2015-2030 will be more productive, india has the potential  to achieve more than 520% growth(Rs 850 lakh cr), under the dynamic Leadership of Modi govt...  economy can touch  $12 trillion (2030) from $2.1 trillion (2015), 6 fold jump ..per capita income can increase $10,000 from $ 2000.

Firmly believe that,contribution of India to world economy can touch 3% (2017) to 15-20% (2030).Also believe ,India's  contribution to global growth could rise 30-35%.

8 states out of 29 such as   Maharashtra,TN ,AP,karnataka,UP,Gujarat,Odisha  and WB can add  $8 Trillion by. 2030 out of $12 trillion..current  contributions more than $1.6 trillion out of $2.7 trillion.

I think India will 3rd largest economy by 2027,overtaking the UK in 2023,Germany in 2025 and Japan in 2027.I think india's GDP could reach USD 12 trillion by 2030......India can over take  China by 2040.

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References

1.Maharashtra will be USD 1 trillion economy by 2025: Fadnavis | mumbai ...https://www.hindustantimes.com › ...19-Jun-2018.

2.Eastern states led by West Bengal can be a $3 trillion economy by 2035: Report - The Economic Times24-Jan-2016.

3. 'Odisha can be a $1 trillion economy' by 2030 - The Hindu12-Nov-2018.

4. Uttar Pradesh set to be 1 trillion dollar economy: PM Modi - The Economic Times29-Jul-2018 .

5.Will make AP trillion dollar economy by 2029: Naidu - Telangana Today

24-Sep-2018 ·