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Investments price Rs 10,000 cr in pipeline for Andaman & Nicobar: Minister

by Staff Reporter
January 16, 2023
in Business
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Investments price Rs 10,000 cr in pipeline for Andaman & Nicobar: Minister
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The central authorities has pumped in Rs 30,000 crore for the event of Andaman and Nicobar Islands during the last eight years, and investments of over Rs 10,000 crore are within the pipeline, Union Minister L Murugan mentioned.


He mentioned a trans-shipment hub, a greenfield worldwide airport, a township and a diesel/solar energy plant have been deliberate as a part of the proposed mega infrastructure venture on the Great Nicobar Island.


“In the last eight years, our government has invested more than Rs 30,000 crore for development of the islands, and as you all know investments worth Rs 10,000 crore are in the pipeline. This will not only generate a lot of employment opportunities for the local youths, but also boost the economy of this place,” he mentioned.


“Under the leadership of Prime Minister Narendra Modi, we are committed to the development of Andaman and Nicobar Islands,” Murugan, the MoS for Information & Broadcasting, instructed reporters on Sunday.


The minister expressed satisfaction over the implementation of central initiatives by the native administration.


“Nearly 62,000 water connections have been provided and more than 95 per cent work for 1,338 houses under the PM Awas Yojana is complete,” he mentioned.


The Union territory has shut to fifteen,500 beneficiaries underneath the PM Kisan scheme, Murugan mentioned.


In the aviation sector, round Rs 710 crore is being invested within the islands, he mentioned.


“There is a need for a fishing harbour at Mayabunder, and I have asked the officials concerned for a detailed project report,” he added.

(Only the headline and film of this report might have been reworked by the Business Standard workers; the remainder of the content material is auto-generated from a syndicated feed.)


Tags: AndamanAndaman and Nicobar IslandsAndaman islandAndaman SeaAwas YojanaGeography of AsiaGreat Nicobar Islandinvestmentsl muruganMaritime Southeast AsiaMinisterNARENDRA MODINicobarNicobar islandpipelinePrime MinisterSoutheast AsiaUnion ministerworth
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