India will launch a 100 trillion rupee ($1.35 trillion) national infrastructure plan that will help generate jobs and expand use of cleaner fuels to achieve the country's climate goals, Prime Minister Narendra Modi said on Sunday.
The infrastructure programme, called "Gati Shakti", will help boost productivity of industries and boost the economy, Modi said during his speech at the Independence Day celebrations in New Delhi.
While Modi did not announce details of the plan, he said the plan will help local manufacturers compete globally and create new avenues of future economic growth. In the last fiscal year, India's economic output fell by a record 7.3% and a second wave of COVID-19 has delayed economic recovery.
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