PM Modi to Launch Multiple Development Projects in Maharashtra Worth Over Rs 56,000 Crore
Prime Minister Narendra Modi will visit Maharashtra on Saturday to launch several development initiatives costing over Rs 56,000 crore, including the BKC-Aarey JVLR section of Mumbai Metro Line - 3 and various agricultural and animal husbandry projects.
MaharashtraMumbai MetroPm ModiInfrastructure DevelopmentAgricultureReal Estate MaharashtraOct 04, 2024
The PMO said that Modi will inaugurate the Banjara Virasat Museum, celebrating the rich heritage of the Banjara community, in Washim, and launch projects worth Rs 23,300 crore related to the agricultural and animal husbandry sector. Later in the day, he will inaugurate and lay the foundation stone for various development projects worth over Rs 32,800 crore in Thane.
From BKC Metro Station, he will flag off a train scheduled to run from BKC to Aarey JVLR, Mumbai and will also take a ride in the metro between BKC and Santacruz stations, the PMO said. In line with his commitment to empower farmers, his office said, Modi will disburse the 18th instalment of the PM-KISAN Samman Nidhi worth about Rs 20,000 crore to around 9.4 crore farmers.
With the 18th instalment release, total funds disbursed to farmers under the scheme will reach around Rs 3.45 lakh crore. Maharashtra is headed to the assembly polls, and the Election Commission is expected to announce its schedule soon.
During the visit, the prime minister will unveil more than 7,500 projects under the Agriculture Infrastructure Fund (AIF) worth over Rs 1,920 crore, with the major chunk of it going towards the construction of primary processing units, warehouses, sorting and grading units, cold storage projects, post-harvest management projects among others.
He will inaugurate 9,200 Farmer Producer Organizations (FPOs) with a combined turnover of around Rs 1,300 crores. Five solar parks with a total capacity of 19 MW across Maharashtra under 'Mukhyamantri Saur Krushi Vahini Yojana ' 2.0' will also be inaugurated by him.
During a programme, he will honour beneficiaries of the 'Mukhyamantri Majhi Ladki Bahin Yojana'. The BKC-Aarey JVLR section of Mumbai Metro Line - 3 is worth around Rs 14,120 crore and will have 10 stations, of which nine will be underground.
The PM will lay the foundation stone of Thane Integral Ring Metro Rail Project to be constructed at the cost of around Rs 12,200 crore. The total length of the project is 29 km with 20 elevated and 2 underground stations.
This ambitious infrastructure project is a key effort to address the growing transportation needs of Thane, a major industrial and commercial hub in Maharashtra, the statement said.
The PM will lay the foundation stone of Elevated Eastern Freeway Extension from Chheda Nagar to Anand Nagar, Thane, worth around Rs 3,310 crore. The project will provide seamless connectivity from South Mumbai to Thane.
Further, he will lay the foundation stone of Phase-1 of Navi Mumbai Airport Influence Notified Area (NAINA) project worth around Rs 2,550 crore. The project comprises construction of major arterial roads, bridges, flyovers, underpasses, and integrated utility infrastructure.
He will lay the foundation stone of Thane Municipal Corporation to be constructed at a cost of around Rs 700 crore. The high rise administrative building of Thane Municipal Corporation will accommodate most Municipal offices at the centrally located building, it said.
Frequently Asked Questions
What is the total cost of the development projects to be launched by PM Modi in Maharashtra?
The total cost of the development projects is over Rs 56,000 crore.
What is the BKC-Aarey JVLR section of Mumbai Metro Line - 3?
The BKC-Aarey JVLR section of Mumbai Metro Line - 3 is a metro rail project worth around Rs 14,120 crore, with 10 stations, of which nine will be underground.
What is the Agriculture Infrastructure Fund (AIF)?
The Agriculture Infrastructure Fund (AIF) is a fund worth over Rs 1,920 crore, which will be used for the construction of primary processing units, warehouses, sorting and grading units, cold storage projects, post-harvest management projects among others.
What is the 'Mukhyamantri Saur Krushi Vahini Yojana ' 2.0'?
The 'Mukhyamantri Saur Krushi Vahini Yojana ' 2.0' is a scheme under which five solar parks with a total capacity of 19 MW will be inaugurated across Maharashtra.
What is the Thane Integral Ring Metro Rail Project?
The Thane Integral Ring Metro Rail Project is a metro rail project to be constructed at the cost of around Rs 12,200 crore, with a total length of 29 km and 20 elevated and 2 underground stations.
Related News Articles
Real Estate Sector Seeks Boost from Union Budget 2024-25
The real estate sector is expecting growth and stability from the upcoming Union Budget 2024-25, with industry experts outlining key areas for policy focus.
Citizenship for Sale: Countries Where You Can Buy a Passport for a Price
From Vanuatu to Panama, these countries offer citizenship in exchange for investment, providing tax benefits, safety, and lifestyle options
Noida Set to Get Taller Buildings and More Floor Space with Proposed By-Law Changes
The Noida Authority has proposed significant changes to the city's building by-laws, which could lead to taller buildings and increased Floor Area Ratio (FAR) across various plot categories.
Maharashtra's Housing Initiatives: A Model for Affordable, Sustainable, and Inclusive Living
Maharashtra government's housing initiatives aim to provide affordable, sustainable, and inclusive living for all. Shri Atul Save, Hon’ble Minister, Department of Housing, shares his vision for transforming Maharashtra into a model state.
Farewell to Ratan Tata: A Visionary Leader and Philanthropist
Ratan Tata, the Chairman Emeritus of the Tata Group, passed away at 86 after a prolonged illness. The nation mourns the loss of a visionary business leader, a compassionate soul, and an extraordinary human being.
Macrotech Developers Reports Q2 PAT Surge of 113%; Revenue Jumps 50% YoY
Mumbai-based real estate major Macrotech Developers has reported a significant increase in its net profit, which grew to Rs 423 crore in the second quarter, up from Rs 203 crore in the same period last year. The company has also seen a robust 50% year-ove