Demonetization: PM Modi warns black money hoarders, says he's trying to save the country
Follow live updates: PM Narendra Modi in Maharashtra today for foundation stone laying ceremony of Shivaji memorial, Mumbai & Pune metro train project.
Prime Minister Narendra Modi on Saturday laid the foundation stone for the grand memorial of Maratha warrior king Chhatrapati Shivaji Maharaj by performing 'jal pujan'.
Modi visited the site in the Arabian Sea off Mumbai coast, where the state government would build a mega memorial for Chhatrapati Shivaji Maharaj.
The Prime Minister's visit assumes political significance as the high-stake elections to Brihanmumbai Municipal Corporation (BMC) are just a few months away.
The main feature of the Shivaji memorial, slated to cost Rs 3,600 crore, will be a 192-metre-tall statue of the iconic Maratha king. The site is a rocky outcrop, roughly 1.5 km from the Raj Bhavan shore.
Chief Minister Devendra Fadnavis recently said the 'Shiv Smarak' will not only be the tallest memorial in the country, but in the entire world. He had thanked Modi for "making it possible."
Later, Modi will address a public function at the Mumbai Metropolitan Region Development Authority (MMRDA) ground in suburban Bandra, after laying foundation stone for two Metro rail projects, Elevated Rail Corridors Project and Mumbai Trans Harbour Link (MTHL).
Shiv Sena president Uddhav Thackeray, whose party is an ally of ruling BJP, is expected to share the dais with Modi at the MMRDA event.
(With Agency inputs)
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Follow live updates: PM Narendra Modi in Maharashtra today for foundation stone laying ceremony of Shivaji memorial, Mumbai & Pune metro train project.
PM Modi: "If the evils of corruption and black money were removed earlier, I would not have had to take the decisions I took."
PM Modi: "Earlier infrastructure was only about roads, rail and airports. Now times have changed. We need to cater to people's expectations. We are working on gas grids, water grids, digital network, leveraging space technology, using technology to help farmers. After 8th November, urban local bodies have seen a rise in their income. This makes it possible to spend more resources of development."
"India is urbanising at a very quick pace and thus, it's essential to work in two directions. First is to improve quality of life in villages. On the other hand, we need to think long term so that we can mitigate the challenges our urban areas are facing," says PM Modi in Pune.
"We must plan for the future. Everything cannot be seen from a political point of view. We must plan adequately for growth of our cities. The Government of India is actively working on the Rurban Mission. This caters to those places that are growing & urbanising quickly. The character & spirit of the village has to be preserved. And at the same time we need to invigorate our villages with good facilities," the PM said.
"Yes, the gains of the present are vital but we need systems that cater to the needs and aspirations of the future too. It is our endeavour that whatever projects are taken up are completed within the decided time frame. Delayed projects do not help." PM Modi said.
PM Modi speaks at the foundation stone laying ceremony of Pune Metro project (Phase 1)
PM Modi speaks in Bandra Kurla Complex in Mumbai:
Even in the midst of struggle, Shivaji Maharaj remained a torchbearer of good governance: PM Modi in Mumbai pic.twitter.com/JXLfraEzoH
— ANI (@ANI_news) December 24, 2016
Shivaji Maharaj was a multifaceted personality. So many aspects of his personality inspire us: PM Modi in Mumbai pic.twitter.com/qwGk6sjJzX
— ANI (@ANI_news) December 24, 2016
#WATCH PM Narendra Modi onboard a hovercraft performs Jal Pujan for Chhatrapati Shivaji memorial in Mumbai pic.twitter.com/debHkcLRgE
— ANI (@ANI_news) December 24, 2016
PM Narendra Modi inaugurates new campus of Sebi-run National Institute of Securities Markets at Patalganga near Mumbai.
# This is time of slowdown in global economy; India is being seen as a bright spot with growth projected to be highest in world.
# India’s place as the fastest growing large economy has not come about by accident.
# In less than 3 years, government has transformed economy, cut fiscal deficit, CAD; foreign exchange reserves have grown, inflation is lower.
# Long awaited GST will soon be a reality; FDI is at record levels
# Financial markets can play an important role in the modern economy. However history has shown that financial markets can also do damage if not properly regulated.
# Government will continue to follow sound and prudent economic policies. We will not take decisions for short-term political point scoring.
# Will not shy away from taking difficult decisions if they are in country's interest.
# Demonetization is a short-term pain, but will benefit in long-term.
# India has earned a good name for its well regulated securities markets.
# Government is very keen to encourage start-ups. Stock markets are essential for the start-up ecosystem.
# Stock markets should help in raising capital for productive purpose; bond market must become source of long-term infra finance.
State-of-the-art NISM campus in Patalganga near Mumbai inaugurated by PM Modi
Governor C. Vidyasagar Rao & CM Devendra Fadnavis & Ministers welcome PM Modi at Mumbai Airport.
Glimpses of procession with '72 Pavitra Kalash' of water from rivers&soil from of places of historical importance in Maharashtra#ShivSmarak pic.twitter.com/4qAsuJLkge
— Devendra Fadnavis (@Dev_Fadnavis) December 23, 2016