New Delhi, Aug 15: Prime Minister Narendra Modi on Saturday said there is a need to give a new direction to the overall infrastructure development to move India towards modernity at a fast pace and National Infrastructure Pipeline Project will help achieve the goal.

Addressing the nation on the 74th Independence Day from Red Fort, the Prime Minister said that India will spend more than Rs 100 lakh crore on the National Infrastructure Pipeline Project.

Also Read | Independence Day 2020 | PM Modi Vows to Build Ties With Border Nations: Live Breaking News Headlines & Coronavirus Updates on August 15, 2020.

"There is a need to give a new direction to the overall infrastructural development of the country to move India towards modernity at a fast pace. This need will be met through the National Infrastructure Pipeline Project," he said.

He said 7,000 projects have been identified under National Infrastructure Pipeline Project.

Also Read | PM Narendra Modi Independence Day 2020 Address From Red Fort: Prime Minister Announces National Digital Health System, Speaks on Aatma Nirbhar Bharat Vision; Here Are Highlights of His August 15 Speech.

He said the time has come to eliminate silos in infrastructure development and a big plan has been prepared for multi-modal connectivity infrastructure.

"Now the era of eliminating silos in infrastructure has come. For this, a very big plan has been prepared to connect the entire country with multi-modal connectivity infrastructure," he said.

He also recalled the contributions of Prime Minister Atal Bihari Vajpayee towards expanding the road network through Golden Quadrilateral.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)