NEW DELHI, Dec 5: Sustainable, reasonable priced energy crucial for development, says Prime Minister Narendra Modi. Our economy is more stable than others, it has shown more resilience, will grow five-fold by 2040, says PM. Govt aims to provide piped natural gas connection to 10 million, double pipeline network to 30,000 km in 5 years, says Modi. Our current account deficit has improved steadily, we will provide electricity to all by March 2018 said PM.
We need to increase domestic oil and gas production and reduce import dependence; efforts should be towards gas-based economy says Prime Minister Modi.
India needs to improve on project management and execution; we invite you to come and make in India says PM to multinational companies.
India will consume more oil in 2040 than whole of Europe, our motto is to replace red tape with red carpet, says Modi.
We need affordable and reliable source of energy as also be sensitive towards environment said PM. (agencies)
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