India to launch $1.35 trillion infrastructure plan
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Try India Infrastructure - Level 5 | India Infrastructure - Level 6
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READING:
India has announced a huge financial package. It plans to spend $1.35 trillion on infrastructure. The huge investment will focus on the economy, employment and tackling climate change. Prime Minister Narendra Modi hopes the huge injection of cash will boost the economy and "create job opportunities for hundreds of thousands of young people". He added that it would also help local manufacturers to become "globally competitive."
Mr Modi wants India to be carbon-neutral. He promised India would be "energy independent" before it turned 100 in 2047. Modi promised to invest more in sustainable energies such as solar and hydrogen. He wants India to rely less on oil. He outlined ambitious plans for transforming India's vast railway network. He wants it to be a net-zero carbon emitter by 2030. Mr Modi said his country is "fast achieving its climate goals".
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India Infrastructure - Level 5 | India Infrastructure - Level 6
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