Prime Minister Narendra Modi attended an event on May 26 to glorify twenty years of the Indian School of Business (ISB) in Hyderabad and address the state and lay the first stone of 11 proposals worth more than 31,400 crores in Chennai.
The proposals, he inaugurated for Chennai will significantly increase the socio-economic prosperity of the region, will have a transformative impact on many sectors, and will also help create employment opportunities. Modi traveled to Hyderabad and Chennai on the same day, for attending the celebration for the completion of twenty years of ISB Hyderabad and he will address the graduation ceremony for the Post-Graduation batch 2022.
The Prime Minister addressed the country and lay the first stone of 11 proposals, which are worth more than Rs.31,400 crores at the JLN Indoor Stadium, Chennai. This project is a step to encourage the development of infrastructure, improve connectivity and give impetus to facilitate life in the area. In Chennai, PM had announced 5 projects worth over Rs 2,900 crore to the nation. The 75km Madurai-Teni (Railway gauge conversation project), whose contract price exceeds Rs. 500 crores, will facilitate access and uplift tourism in the region.
The 30 km long railway between Tambaram and Chengalpattu has been launched with a project worth Rs.590 crore, which would be smoother for Suburban services.
The 115-kilometer Ennore-Chengalpattu section and the 271-kilometer Thiruvallur-Bengaluru section of the ETBPNMT gas pipeline were constructed at a price of Rs 850 crore and Rs 910 crore, respectively, will increase the natural gas supply to customers as well as industries in Tamil Nadu, Karnataka, and Andhra Pradesh.
The event could even witness the inauguration of 1,152 houses built under the Chennai flagship project, built at a cost of Rs 116 crore under Pradhan Mantri Awas Yojana-Urban. Modi can even lay the groundwork for six buildable tasks worth more than Rs. 28,500 crore.
The 262 km Bengaluru-Chennai highway will be constructed at a cost of over Rs. 14,870 crores and it will cross the states of Karnataka, Andhra Pradesh, and Tamil Nadu. This cuts the travel time between Bengaluru and Chennai by two to three hours.
The four-lane, double-decker elevated highway connecting Chennai Port to Maduravoyal (NH-4), which is about 21 km long, will be constructed at a cost of over Rs.5,850 crore. It will provide timed arrival of cargo vehicles at Chennai Port.
The 94km four-lane section from Neraluru to Dharmapuri of NH-844 and the 31km two-lane paved shoulder section from Meensurutti to Chidambaram of NH-227 will be constructed at a cost of around Rs 3,870 crore and Rs 720 crore respectively, will contribute towards this to provide seamless connectivity in the area.
The key element for the redevelopment of five stations - Chennai Egmore, Rameswaram, Madurai, Katpadi, and Kanniyakumarin - will also be laid during the program. This overall project will be completed at a cost of over Rs 1,800 crore and will be carried out with the aim of improving the public’s convenience and comfort by providing modern amenities.