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PM addresses Destination Uttarakhand: Investors’ Summit 2018

Published By : Admin | October 7, 2018 | 14:00 IST
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The Prime Minister, Shri Narendra Modi, today addressed Destination Uttarakhand: Investors’ Summit 2018, in Dehradun.

He said India is going through a period of rapid transformation. He said it is widely accepted that India will be a major engine of world growth in the coming decades. He said the speed and scale of economic reform in India is unprecedented.

In this context, he mentioned that India had improved by 42 ranks in the Ease of Doing Business rankings. The Prime Minister spoke of the reforms initiated in taxation. He said the Insolvency and Bankrupty Code has made doing business easier.

The Prime Minister said that the implementation of GST is the biggest tax reform since independence. He added that this has transformed the country into a single market, and has helped increase the tax base.

The Prime Minister said that the infrastructure sector is progressing rapidly. He spoke of the fast pace of road construction, railway line construction, new metro systems, high speed rail project, and dedicated freight corridors.

The Prime Minister also mentioned the progress made in the aviation sector, and in providing housing, power, clean fuel, health and banking services to the people. He said the recently launched Ayushman Bharat scheme will spur the development of medical infrastructure in the tier 2 and tier 3 cities.

The Prime Minister said that New India is a great destination for investment, and “Destination Uttarakhand” represents this spirit. He spoke of the measures taken for investor facilitation in the State. He also spoke of the progress made in initiatives being taken for improving connectivity in the State, including the Char-Dham all weather road project, and the Rishikesh-Karnprayag Railway line project. The Prime Minister spoke of the State’s immense potential in the tourism sector.

The Prime Minister spoke of initiatives being taken in the food processing and renewable energy sectors. He also mentioned the achievements of the “Make in India” initiative

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Cabinet approves three new corridors as part of Delhi Metro’s Phase V (A) Project
December 24, 2025

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved three new corridors - 1. R.K Ashram Marg to Indraprastha (9.913 Kms), 2. Aerocity to IGD Airport T-1 (2.263 kms) 3. Tughlakabad to Kalindi Kunj (3.9 kms) as part of Delhi Metro’s Phase – V(A) project consisting of 16.076 kms which will further enhance connectivity within the national capital. Total project cost of Delhi Metro’s Phase – V(A) project is Rs.12014.91 crore, which will be sourced from Government of India, Government of Delhi, and international funding agencies.

The Central Vista corridor will provide connectivity to all the Kartavya Bhawans thereby providing door step connectivity to the office goers and visitors in this area. With this connectivity around 60,000 office goers and 2 lakh visitors will get benefitted on daily basis. These corridors will further reduce pollution and usage of fossil fuels enhancing ease of living.

Details:

The RK Ashram Marg – Indraprastha section will be an extension of the Botanical Garden-R.K. Ashram Marg corridor. It will provide Metro connectivity to the Central Vista area, which is currently under redevelopment. The Aerocity – IGD Airport Terminal 1 and Tughlakabad – Kalindi Kunj sections will be an extension of the Aerocity-Tughlakabad corridor and will boost connectivity of the airport with the southern parts of the national capital in areas such as Tughlakabad, Saket, Kalindi Kunj etc. These extensions will comprise of 13 stations. Out of these 10 stations will be underground and 03 stations will be elevated.

After completion, the corridor-1 namely R.K Ashram Marg to Indraprastha (9.913 Kms), will improve the connectivity of West, North and old Delhi with Central Delhi and the other two corridors namely Aerocity to IGD Airport T-1 (2.263 kms) and Tughlakabad to Kalindi Kunj (3.9 kms) corridors will connect south Delhi with the domestic Airport Terminal-1 via Saket, Chattarpur etc which will tremendously boost connectivity within National Capital.

These metro extensions of the Phase – V (A) project will expand the reach of Delhi Metro network in Central Delhi and Domestic Airport thereby further boosting the economy. These extensions of the Magenta Line and Golden Line will reduce congestion on the roads; thus, will help in reducing the pollution caused by motor vehicles.

The stations, which shall come up on the RK Ashram Marg - Indraprastha section are: R.K Ashram Marg, Shivaji Stadium, Central Secretariat, Kartavya Bhawan, India Gate, War Memorial - High Court, Baroda House, Bharat Mandapam, and Indraprastha.

The stations on the Tughlakabad – Kalindi Kunj section will be Sarita Vihar Depot, Madanpur Khadar, and Kalindi Kunj, while the Aerocity station will be connected further with the IGD T-1 station.

Construction of Phase-IV consisting of 111 km and 83 stations are underway, and as of today, about 80.43% of civil construction of Phase-IV (3 Priority) corridors has been completed. The Phase-IV (3 Priority) corridors are likely to be completed in stages by December 2026.

Today, the Delhi Metro caters to an average of 65 lakh passenger journeys per day. The maximum passenger journey recorded so far is 81.87 lakh on August 08, 2025. Delhi Metro has become the lifeline of the city by setting the epitome of excellence in the core parameters of MRTS, i.e. punctuality, reliability, and safety.

A total of 12 metro lines of about 395 km with 289 stations are being operated by DMRC in Delhi and NCR at present. Today, Delhi Metro has the largest Metro network in India and is also one of the largest Metros in the world.