India to invest $1.46 trillion to lift virus-hit economy

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India to invest $1.46 trillion to lift virus-hit economy
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India’s leader says his country has done well in containing the coronavirus pandemic and announced $1.46 trillion in infrastructure projects to boost the sagging economy.

Share to TwitterIndian Prime Minister Narendra Modi speaks from the ramparts of the historic Red Fort monument on Independence Day in New Delhi, India, Saturday, Aug. 15, 2020.

"The coronavirus epidemic is a big crisis, but it can’t stall India’s economic progress,’’ Modi said in a speech from New Delhi’s 17th century Mughal-era Red Fort to mark the 73rd anniversary of India's independence from British rule. He wore an orange and white turban with a long scarf around his neck.

Modi also announced a national digital heath plan under which every Indian will get an identity card containing allThe celebrations were curtailed on Saturday because of the pandemic, with invitations going only to 4,000 guests instead of the usual 20,000, media reports said. “Infrastructure will not be created in silos anymore. All infrastructure has to be comprehensive, integrated and linked to each other. Multi-modal connectivity infrastructure is the way forward,” he said.

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India to invest $1.46 trillion to lift virus-hit economyIndia to invest $1.46 trillion to lift virus-hit economyIndia’s prime minister says his country has done well in containing the coronavirus pandemic and announced $1.46 trillion infrastructure projects to boost the sagging economy
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