Kopar Khairane
Interenational

PM Modi announces Rs. 50,700 billion in projects in the MP that he claims would advance the state’s development

<p>On Thursday, Prime Minister Narendra Modi visited Bina in Madhya Pradesh and lay the cornerstone for 10 new industrial projects around the state as well as the Petrochemical Complex at Bina Refinery, projects totaling more than Rs 50,700 crore. Speaking to the crowd, he stressed how Madhya Pradesh’s growth will be greatly aided by this investment of Rs 50,000 crore. “Today’s opening of the Petrochemical Complex at the Bina Refinery will contribute to India becoming Atmanirbhar…The cutting-edge Petrochemical complex will advance Bina. With the arrival of new industries, MSMEs will have more chances, and young people would have more employment options, according to PM Modi.<img decoding=”async” class=”alignnone wp-image-180628″ src=”https://www.theindiaprint.com/wp-content/uploads/2023/09/theindiaprint.com-download-59-4.jpg” alt=”theindiaprint.com download 59 4″ width=”1342″ height=”893″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2023/09/theindiaprint.com-download-59-4.jpg 275w, https://www.theindiaprint.com/wp-content/uploads/2023/09/theindiaprint.com-download-59-4-150×100.jpg 150w” sizes=”(max-width: 1342px) 100vw, 1342px” title=”PM Modi announces Rs. 50,700 billion in projects in the MP that he claims would advance the state's development 6″></p>
<p>According to PM Modi, these new initiatives would revitalize the region’s industrial growth. According to him, the Center is investing Rs 50,000 crore in these initiatives, which is less than many states’ combined annual budget.</p>
<p>“I want to express my gratitude to Shivraj Singh Chouhan and his administration for providing me with the chance to visit the state and interact with the locals. We will lay the cornerstone for projects totaling more than Rs. 50,000 crores today. Even various states’ annual budgets in our nation do not total Rs 50,000 crores, according to PM Modi.</p>
<p>The growth of any nation or state, the prime minister said, depends on having open government. “Every Indian is determined to make India a developed nation in this ‘Amrit Kaal’ period. India must become ‘Aatmanirbhar’ (self-sufficient) in order to meet the goal, stated PM Modi in Bina. “Any nation or state’s growth depends on its government operating with total openness and keeping corruption at bay. Previously, MP was considered to be one of the most deteriorated states in the nation, he claimed.</p>
<p>PM Modi went on to say that the nation’s citizens deserve praise for the G20 Summit’s success. “Everyone has observed how India organized the G20 Summit effectively. The citizens of the nation deserve praise for the G20 Summit’s success. The accomplishment of 140 billion people.” He said that 140 crore Indians deserve all of the credit for the G20 summit’s success. This demonstrates the strength of our nation as a whole. “The G20 delegates were impressed with the diversity and heritage of our country,” he said.</p>
<p>Chemical Petrol Complex<br />
For the Petrochemical Complex, which is housed inside BPCL’s Bina Refinery, PM Modi officially opened the foundation-stone ceremony. With an anticipated expenditure of over Rs. 49,000 crore, this state-of-the-art refinery is expected to produce 1200 KTPA (Kilo-Tonnes Per Annum) of ethylene and propylene. These crucial parts are used in many industries, such as packaging, textiles, medicine, and more. This effort fits with the Prime Minister’s goal of a “Aatmanirbhar Bharat” (self-sufficient India) and represents a big step in reducing the country’s dependency on imports. Additionally, this massive project is anticipated to create jobs and spur expansion in the petroleum sector’s downstream businesses.</p>
<p>Other Initiatives<br />
During the program, Prime Minister Modi also laid the cornerstones for ten additional projects, including the creation of six new industrial areas across Madhya Pradesh, two IT parks in Indore, and the “Power and Renewable Energy Manufacturing Zone” in the Narmadapuram district.</p>

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