Banquet speech by Prime Minister during his visit to Mozambique

Published By : Admin | July 7, 2016 | 18:10 IST
Relationship between our countries is not new. Thousands of Indian-origin people call Mozambique their home: PM
Siddi community that resides in parts of India is known to trace its ancestry to Mozambique: PM Modi
Independent India was one of the leading advocates of Mozambican freedom from colonial rule: PM Modi
We applaud Mozambique as one of the fastest growing economies of the world in recent decades: Prime Minister
India remains ready and committed to share its experiences, technology, capacity and concessional credit with Mozambique: PM

Your Excellency, President Filipe Nyusi
Ladies and Gentlemen,

Excellency, I am deeply touched by your kind words. Thank you also for your thoughts on the strength of the Mozambique-India relationship. I would like to thank you as well as the Government and the people of Mozambique for their warm welcome and generous hospitality.

Excellency, the relationship between our countries is not new. Thousands of Indian-origin people call Mozambique their home. I am told that most of the Siddi community that resides in parts of India is known to trace its ancestry to Mozambique. These communitiesare a living testimony to age old links that have connected our people, their ideas and traditions, and culture and commerce.

Excellency, both our countries suffered under the colonial rule. In the case of Mozambique, the struggle was much longer. Independent India was one of the leading advocates of Mozambican freedom from colonial rule. We were proud to see Mozambique join the ranks of free nations in 1975.

And, today, we applaud Mozambique as one of the fastest growing economies of the world in recent decades. Excellency, as two developing countries we face similar challenges. Our development and economic partnership, therefore, has been an essential part of our relationship.

Our trade and investment ties have particularly flourished in recent years.We want to build further on it.For this, India remains ready and committed to share its experiences, technology, capacity and concessional credit with Mozambique, in line with your priorities.

Last year marked the 40th anniversary of Mozambican independence and of establishment of our diplomatic ties. It also saw a level of interaction between our nations, never seen before. Its high point was your own State Visit to India in August 2015. Later, your Prime Minister honoured us with his presence during the third edition of the India-Africa Forum Summit. Excellency, I am aware that I am the first Indian Prime Minister to visit Mozambique in 34 years. This gap should never have been so long. And, I am confident that it will not be so in future.

With these words, Excellencies, Ladies & Gentlemen, please join me in raising a toast:

  • to the health, happiness and well-being of His Excellency, President Filipe Jacinto Nyusi;
  • to lasting peace, progress and prosperity among the people of Mozambique; and
  • to strong bonds of friendship and cooperation between India and Mozambique.
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ಶ್ರೀರಾಮ ಜನ್ಮಭೂಮಿ ಮಂದಿರದ ಧ್ವಜಾರೋಹಣ ಉತ್ಸವ ಉದ್ದೇಶಿಸಿ ಪ್ರಧಾನಮಂತ್ರಿ ಅವರ ಭಾಷಣ

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Cabinet approves scheme on ‘Small Hydro Power (SHP) Development Scheme for the period FY 2026-27 to FY 2030-31’
March 18, 2026

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the ‘Small Hydro Power (SHP) Development Scheme for the period FY 2026-27 to FY 2030-31’ with an outlay of Rs.2584.60 crore for installation of Small Hydro Power (SHP) Projects of an approximate capacity of 1500 MW.

The scheme will support small hydro projects (between 1-25 MW capacity) to come up in different states and will especially benefit hilly and North Eastern states with high potential for such projects. In North Eastern States and in districts with international border, central financial assistance to the tune of Rs.3.6 crore per MW or 30%of the project cost, whichever is lower with an upper limit of Rs.30 crore per project will be available. In other states Rs.2.4 crore per MW or 20% of project cost, whichever is lower with a cap of Rs.20 crore per project would be available. This will help in tapping the small hydro potential in remote and difficult to reach locations. An amount of Rs. 2,532 crore has been earmarked for such projects. This is likely to bring in Rs. 15,000 crore of investment in the small hydro sector giving a boost to the clean energy initiative, investment in remote and rural areas and creating significant employment opportunities. The investment will also leverage 100% of the plant and machinery from indigenous sources fulfilling the objective of Atmanirbhar Bharat.

The scheme will also incentivise the states to prepare the detailed project report for about 200 projects to create a pipeline of small hydro projects in future. An amount of Rs.30 crore has been kept to support state and central government agencies to prepare such DPR.

The scheme will support 51 lakh person days of employment during the project construction and will also enable employment in maintenance and operation of these SHPs which will come up in largely rural and remote locations. SHP projects being decentralized in nature, the requirement of long transmission line is minimal, which also reduces the transmission losses.

Launching of this Scheme will rejuvenate the Small Hydro Power sector and will help in exploiting the available potential at a much faster pace. SHP projects are environmentally sustainable, as they avoid large-scale land acquisition, deforestation, and displacement of communities. It will also promote socio-economic development of remote areas by boosting local investment, apart from creating long-term employment with project lifespans typically ranging from 40 to over 60 years.