HomeBusinessPM’s ‘Act East’ Policy...

PM’s ‘Act East’ Policy Opened Rs 5 Lakh Crore Investment Potential In Arunachal: V-P Dhankhar | Economy News

New Delhi: Vice-President Jagdeep Dhankhar on Wednesday said Prime Minister Narendra Modi’s ‘Act East’ policy had resulted in unprecedented progress in Arunachal Pradesh with the development of airports, railways, roads and a telecom network which had now created an investment potential of ₹5 lakh crore in the power sector of the state. 

Addressing the gathering as Chief Guest at the first-ever joint Mega Nyokum Yullo celebration at Kamporijo Circle in Arunachal Pradesh’s Kamle district, Dhankhar said, “Decades ago, the Government of India introduced the ‘Look East’ policy. Prime Minister Narendra Modi transformed this into ‘Act East’ because merely looking will not suffice; action is necessary.”

“When action is taken, we see remarkable changes. Whether it is air travel, airports, railway connectivity, road connectivity, or even 4G network availability — these are all indicators of progress in Arunachal Pradesh,” he pointed out. Dhankhar said, “Arunachal Pradesh has the potential to generate 50,000 MW of power. Producing one megawatt requires an investment of ₹10 crore, which means there is an investment potential of ₹5 lakh crore in Arunachal Pradesh.

“Kiren (Union Minister from Arunachal) surely has some magic. He managed to convince the Prime Minister about this and urged all of you to seize this opportunity, cooperate, and preserve our culture. In such a scenario, I feel truly delighted to be here.”

The Vice-President also said, “For the first time in India’s history, the Buddhist community has been granted minority status, and a Cabinet Minister position has also been given to a Buddhist leader. This historic development has sent a strong message across the world.”

He emphasised that this progress reinforces the fact that “India is an unmatched nation, and we must remain infused with nationalism.” “Under no circumstances can we compromise on national interest, dedication to the nation, or our resolve to serve it,” he asserted.

The Vice-President highlighted India’s cultural unity, saying, “There is no other country like India. Today, as you celebrate Nyokum Yullo, festivals like Holi, Baisakhi, Lohri, Bihu, Pongal, and Navanna will also be celebrated across the country. No matter where we are in India, our thoughts and traditions remain united.”

He further stated, “Today, India is a strong nation. No one can cast an evil eye on us. Our Prime Minister stands among the world’s most prominent leaders, and you all are fortunate that the person you placed your trust in has also earned the trust of the Prime Minister.

“In a country of 140 crore people, with a Union Cabinet consisting of just over two dozen ministers, Kiren Rijiju’s repeated inclusion is a testament to the continuous progress in Arunachal Pradesh, in all circumstances and under all conditions.”

He commended the contributions of the Union Minister stating, “He is a senior and powerful minister at the Centre. He has been elected to the Lok Sabha four times. And that is why I say, Kiren Rijiju, you envisioned the Frontier Highway. Your dream will come true. I know the kind of vision you have for Arunachal Pradesh and the significant changes you have brought about.”

The Vice-President reminisced about his earlier visit to the state and said, “When I first visited Arunachal Pradesh, it was during the Statehood celebrations. I was mesmerised by your tribes and the pride of India.” Kiren Rijiju, Union Minister of Parliamentary Affairs and Minister of Minority Affairs, Rotom Tebin, MLA, 25-Raga and other local leaders were present on the occasion.

Source link

- A word from our sponsors -

spot_img

Most Popular

More from Author

- A word from our sponsors -

spot_img

Read Now

Khloe Kardashian slams ‘insulting’ half-sister label for Kendall, Kylie Jenner

Khloe Kardashian opened up about "insulting" half-sister label for Kendall Jenner and Kylie Jenner.In the recent episode of the...

Donald Trump raises ‘massive’ trade imbalance during Irish PM meeting

Raymona Crozier, Jessica Lawrence & Finn PurdyBBC News NIPA MediaHe added that Martin should "remind President Trump that Ireland, despite its small size, is one of the largest investors in the United States and one of the largest job creators in the United States"."On the one hand,...

Sakshi weds Ankit: First picture of Rishabh Pant’s sister’s wedding proves the royal wedding was one stylish affair |

Sakshi Pant, the stylish sister of Indian cricket sensation Rishabh Pant, tied the knot with London-based businessman Ankit Chaudhary in a breathtaking ceremony set against the picturesque hills of Mussoorie. Hosted at the opulent ITC Hotel, The Savoy, the wedding was a grand affair, attended...

EPA Cancels $20 Billion in Climate Grants

The Environmental Protection Agency said that it was canceling $20 billion in grants for climate and clean energy programs that have been frozen for weeks, a move that was labeled illegal by nonprofit groups that were supposed to receive the funds.The money has been caught in an...

Airline CEOs warn domestic travel demand is slowing

A Delta Airlines and American Airlines plane are seen at Ronald Reagan Washington National Airport in Arlington, Virginia, on July 1, 2023.Stefani Reynolds | AFP | Getty ImagesAirlines are cutting their first-quarter profit and sales estimates, warning that a weaker economic backdrop is weighing on travel demand.Ahead...

Megalodon may have been larger than we think

A new study has suggested that megalodons have been larger than we first thought, growing up to 80 feet...

How bad could the tanker collision be for the environment?

Esme StallardClimate and science reporter, BBC NewsTom InghamClimate and science team, BBC NewsLee Whitaker/Getty ImagesEnvironmental organisations and the UK authorities are assessing how damaging the collision of an oil tanker and a cargo ship in the North Sea will be for marine species and nearby wildlife populations.It's...

“Buena Vista Social Club” serenades Broadway

Remember "Buena Vista Social Club," the album?  Even if you don't, now there's "Buena Vista Social Club," the musical, an exuberant blast from the past – old Cuban music for a new audience. The Broadway version is a stand-in for the city's corroded grandeur, and for the...