New Delhi: Prime Minister Narendra Modi will visit Maharashtra on Friday, where he will unveil projects totaling over Rs 76,000 crore in Palghar and deliver a speech at the Global Fintech Fest 2024 at the Jio World Convention Centre in Mumbai. As per a statement from the Prime Minister’s Office (PMO), Modi’s visit will kick off in Mumbai in the morning. Later in the day, he will go to Palghar to inaugurate and lay the foundation stone for several developmental projects at the CIDCO ground.
PM Modi said he looks forward to interact with the people of Mumbai and Palghat. In a post on X, he wrote, “I look forward to being with the people of Maharashtra tomorrow, August 30. I will participate in events in Mumbai and Palghar. In Mumbai, I will be attending Global FinTech Fest 2024 at 11 am. The forum will showcase India’s foray into the FinTech world and bring together key partners in the field. After that, I will be here in Palghar for the foundation-laying event of the port. This is a very important project and a testament to our commitment towards development and progress of Maharashtra through the port.”
महाराष्ट्रातील जनतेबरोबर उद्या, 30 ऑगस्ट रोजी येण्यासाठी मी उत्सुक आहे. मुंबई आणि पालघर इथल्या कार्यक्रमांमध्ये मी सहभागी होणार आहे.
मुंबईमध्ये, ग्लोबल फिनटेक फेस्ट 2024 या कार्यक्रमात सकाळी 11 वाजता मी सहभागी होणार आहे. या मंचावर भारताने फिनटेकच्या जगात घेतलेल्या भरारीचे…
— Narendra Modi (@narendramodi) August 29, 2024
Mumbai Global Fintech Fest
PM Modi will first speak at a special session during the Global Fintech Fest (GFF) 2024 in Mumbai, organised by the Payments Council of India, the National Payments Corporation of India (NPCI) and the Fintech Convergence Council. The event will bring together about 800 speakers, including policymakers, regulators, senior bankers, industry leaders and academicians from both India and abroad. They will take part in over 350 sessions.
GFF 2024 will also showcase the latest advancements in the fintech industry, with the release of over 20 thought leadership reports and white papers that provide in-depth insights and industry analysis. Regarding the projects in Palghar, the Prime Minister’s Office (PMO) said that these initiatives aim “to establish a world-class maritime gateway to boost trade and economic growth by accommodating large container vessels, offering deeper drafts, and handling ultra-large cargo ships.”
Palghar projects
According to the Prime Minister’s Office (PMO), the projects in Palghar aim to establish a world-class maritime gateway to boost trade by accommodating large container vessels and handling ultra-large cargo ships. The Vadhvan Port near Dahanu in Palghar will become one of India’s largest deep-water ports, providing direct access to international shipping routes, reducing transit times and costs, and promoting regional economic development.
Prime Minister Modi will also launch 218 fisheries projects worth Rs 1,560 crores to enhance infrastructure and productivity, creating over five lakh jobs in the sector. He will inaugurate the “National Rollout of the Vessel Communication and Support System,” worth Rs 360 crores, installing 1 lakh transponders on fishing vessels to improve safety and communication for fishermen. Additional initiatives include developing fishing harbours, integrated aquaparks, and modernising fish markets to improve post-harvest management and boost fisheries productivity.
