India-Vietnam Leaders’ Virtual Summit

Published By : Admin | December 21, 2020 | 16:26 IST
India-Vietnam Summit: PM Modi reaffirms India’s commitment to its development and capacity building partnership with Vietnam
India, Vietnam agree to work together towards the shared objective of a peaceful, stable, secure, free, open, inclusive and rules-based Indo-Pacific region

Prime Minister Shri Narendra Modi held a Virtual Summit with H.E. Nguyen Xuan Phuc, Prime Minister of the Socialist Republic of Viet Nam.

The two Prime Ministers reviewed ongoing bilateral cooperation initiatives, and also discussed regional and global issues. A ‘Joint Vision for Peace, Prosperity and People’ document was adopted during the Summit, to guide the future development of the India-Vietnam Comprehensive Strategic Partnership. Both leaders also welcomed the signing of a Plan of Action for period 2021-2023 to implement the Joint Vision.

The leaders affirmed the importance of enhancing bilateral cooperation in all areas of engagement. They agreed to support each other’s national development priorities and work together towards the shared objective of a peaceful, stable, secure, free, open, inclusive and rules-based Indo-Pacific region.

They also reaffirmed their commitment to strengthen cooperation against common global challenges, including the Covid-19 pandemic. They agreed to maintain active cooperation for ensuring access to vaccines against the pandemic.

Based on strong convergence of views on many global and regional issues, the leaders decided that India and Viet Nam would coordinate closely at multilateral forums, including at the UN Security Council, where they will serve concurrently in 2021.

The Prime Ministers agreed to explore new and practical collaborations in the maritime domain based on convergence between India’s Indo-Pacific Oceans Initiative and the ASEAN’s Outlook on Indo-Pacific to achieve shared security, prosperity and growth for all in the region.

The Prime Minister reaffirmed India’s commitment to its development and capacity building partnership with Vietnam, through initiatives such as Quick Impact Projects, ITEC and e-ITEC initiatives, PhD fellowships, as well as projects to support Viet Nam’s SDGs, digital connectivity and heritage conservation efforts.

Both Prime Ministers appreciated the successful implementation of the US$ 100 million Defence Line of Credit extended by Government of India to Viet Nam, and the completion of seven Development Projects with Indian ‘Grant-in-Aid’ Assistance for the benefit of local community in Viet Nam’s Ninh Thuan province.

Prime Minister expressed special satisfaction about the restoration and conservation work of the My Son temple complex in Vietnam, recently carried out by Archaeological Survey of India (ASI), and offered to work with Viet Nam in other similar projects.

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Cabinet approves Continuation of Pradhan Mantri Gram Sadak Yojana-III till March 2028
April 18, 2026

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today has given its approval for the continuation of Pradhan Mantri Gram Sadak Yojana-III (PMGSY-III) beyond March 2025 upto March 2028. It involves consolidation of Through Routes and Major Rural Links connecting habitations to Gramin Agricultural Markets (GrAMs), Higher Secondary Schools and Hospitals. The revised outlay of the scheme will be Rs.83,977 crore.

The Cabinet further, amongst other things, approved the following:

  • Extension of timeline till March 2028 for completion of roads and bridges in plain areas and roads in hilly areas.
  • Extension of timeline till March 2029 for completion of bridges in hilly areas.
  • Works sanctioned before 31.03.2025 but un-awarded till now may be taken up for tender/award.
  • Long Span Bridges (LSBs) (161 Nos. with estimated cost of Rs.961 crore) pending for sanction but lying on the alignment of already sanctioned roads may be sanctioned and tendered/awarded.
  • Revision of outlay to Rs. 83,977 crore from original outlay of Rs.80,250 crore.

Benefits:

The extension of the timeline of PMGSY-III will enable the full realization of its intended socio-economic benefits by ensuring completion of targeted upgradation of rural roads. It will significantly boost the rural economy and trade by enhancing market access for agricultural and non-farm products, reducing transportation time and costs, and thereby improving rural incomes. Improved connectivity will facilitate better access to education and healthcare institutions, ensuring timely delivery of essential services, particularly in remote and underserved areas.

The continued implementation will also generate substantial employment opportunities, both directly through construction activities and indirectly by promoting rural enterprises and services. Overall, the extension will contribute to inclusive and sustainable development by bridging the rural-urban divide and advancing the vision of Viksit Bharat 2047.