PM Narendra Modi to visit Maharashtra, Karnataka

Prime Minister Narendra Modi at the foundation stone laying ceremony of Navi Mumbai International Airport on Sunday

Prime Minister Narendra Modi will inaugurate the three-day "Magnetic Maharashtra: Convergence 2018" concave in Mumbai on Sunday, said officials.

Making special mention of the Maharashtra Samruddhi Corridor, the Prime Minister said, the 700 kilometre super communication expressway and an adjacent smart city have the potential to create about 20 lakh new jobs and lead to enormous growth in agriculture and agro-based development.

"Our budget is not limited to outlay, its focus is on the outcome". Through the summit "Magnetic Maharashtra", the state government is seeking to attract investors to explore business opportunities in the state of Maharashtra.

He also said that potential policy, planning, and performance will help the nation to progress. This will include a ₹60,000-crore investment in an Integrated Industrial Area, a $7-billion dollar direct investment to finance the Mumbai-Nagpur Maharashtra Samruddhi Corridor, and a Hyperloop transportation system connecting Pune and Mumbai. PM Modi laying emphasis on his government's efforts said that in the last three years the NDA has repealed 1,400 laws and the new ones are being written with the intent of simplifying the overly complicated system. It will make Maharashtra the birthplace and the cradle of the Fourth Industrial Revolution in India.

The Prime Minister will also address a public meeting at Mysuru.

Anand Mahindra, chairman of the Mahindra group announced an investment of Rs 1700 crore for the development of an entertainment tourism hub at Kandivali. It will also greatly reduce accidents and carbon emissions, he said.

Prime Minister Modi, who had a busy schedule, dedicated the Wadhwani Institute of Artificial Intelligence formed jointly with Wadhwani AI, Government of Maharashtra and University if Mumbai to the nation. There is a global race to harness Artificial Intelligence, Robotics, Blockchain, Internet of Things, Next-Generation Virtual and Augmented Reality, Life Sciences, New Materials and New Sources of Energy and other technologies of the future, he said. PM said that govt is using technology in an unparalleled way.



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