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22.09.24 17:12

Economy

Modi announces initiatives worth over US$955 million

Prime Minister emphasised on implementing a programme to build new housing and improve living conditions for families across the country

Indian Prime Minister Narendra Modi, at the inauguration and laying of foundation stone of projects in Ahmedabad, Gujarat, announced the launch of initiatives worth over US$955 million in the railway, road, power and housing sectors.

Modi also launched the country's first high-speed railway connecting Ahmedabad and Bhuj. The Prime Minister also initiated a Single Window IT System (SWITS) of the International Financial Services Centres Authority. This is reported by ANI, a partner of TV BRICS.

The Prime Minister stated that many families have been given keys of new houses, which will enable them to celebrate upcoming festivals like Navratri and Diwali in a new environment.

He highlighted the implementation of the programme for construction of new houses and improvement of living conditions for families across the country. Finally, the official recalled the recent decision to provide free health care to the elderly, emphasising his government's commitment to social issues and care for citizens.

Photo: ANI

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Prabowo Subianto

President of Indonesia

"This roadmap sets the framework for our joint efforts. Indonesia and Belarus have great potential for expanding cooperation in various fields. Our cooperation will focus on industrial development and agricultural modernisation. In industry, we see a major opportunity to increase trade volumes, investment, and cooperation between our two countries. We are also pushing for closer collaboration in culture and human resource development"

Liao Fan

Director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences (CASS)

"We also encourage countries of the Global South to work together and contribute to the global economy. We also call on developed countries to set aside issues such as national security and strategic competition when we are discussing real global challenges – pressing issues such as public health or poverty reduction – so that development resources can be channelled truly effectively to those countries that need them. [...] Major powers and large countries must bear greater responsibility for the well-being of people around the world. This is the responsibility of the major powers"

Anutin Charnvirakul

Prime Minister of Thailand

"Russia has been a trusted friend of Thailand for over a century. […] Next year, we will mark the 130th anniversary of the establishment of diplomatic relations between our countries. We will commemorate this important milestone with high-level exchanges, thereby reaffirming our shared commitment to an even stronger partnership for the benefit of our peoples"

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Modi announces initiatives worth over US$955 million

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