During its first 100 days in power, the BJP-led NDA government authorized infrastructure projects worth Rs 3 trillion, including connecting 25,000 disconnected villages to road networks and constructing a giant port in Wadhawan, Maharashtra, according to Home Minister Amit Shah on Tuesday.
Aside from infrastructure, the government has focused on agriculture by raising the Minimum Support Price (MSP) for Kharif crops, eliminating the Minimum Export Price (MEP) on onions and basmati rice, and increasing the duty on crude palm, soybean, and sunflower oils imports, he said at a press conference here alongside Information and Broadcasting Minister Ashwini Vaishnaw.
On June 9, this year, Prime Minister Narendra Modi began his third term in office. The Modi government's focus has been on giving policy stability but being flexible enough to make modifications to address teething issues without weakening the original vision, according to Shah.
The government has authorized the Wadhavan Mega Port in Maharashtra for Rs 76,200 crore, which would be one of the top ten ports in the world, he added. The Prime Minister's Rural Roads Scheme-4 (PMGSY-IV) approved the construction/upgrade of 62,500 km of roads and bridges to connect 25,000 disconnected villages, with a federal support of Rs 49,000 crore.
The government has also authorized an investment of Rs 50,600 crore to expand India's road network, including approval for eight National High-Speed Road Corridor Projects totaling 936 kilometers. Furthermore, the government has also established Agrisure, a new fund targeted at transforming the agriculture sector and assisting startups and rural businesses.
