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Narendra Modi says will invest Rs 100 lakh crore in infrastructure

Narendra Modi said political stability through a massive mandate for his government alongside predictable policy provides a unique opportunity for India to grow

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Prime Minister Narendra Modi

Prime Minister Narendra Modi

New Delhi: On Thursday, Narendra Modi stated that his government will invest Rs 100 lakh crore on developing modern infrastructure that will aid in nearly doubling the size of the Indian economy to USD 5 trillion in the next five years. Addressing the nation in his speech from the ramparts of the Red Fort in New Delhi on the 73rd Independence Day, he stated reforms will continue to be ushered in to help India break into top 50 countries on the 'ease of doing business' ranking. "To some the target of nearly doubling the size of Indian economy to USD 5 trillion in five years may seem difficult. But when we have in five years (of BJP rule) added USD 1 trillion as compared to USD 2 trillion size achieved in 70 years of independence, then this target is achievable," he said.

Also Read: Narendra Modi pays tribute at Raj Ghat on 73rd Independence Day

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