Prime Minister addresses CREDAI YouthCon-2019

Published By : Admin | February 13, 2019 | 20:08 IST
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The Prime Minister, Shri Narendra Modi, today, addressed the CREDAI YouthCon-2019, at Talkatora Stadium, in New Delhi.

Addressing the gathering, Prime Minister said that work is progressing at a fast pace to ensure that every homeless person has a house by 2022. He said that around 1.5 crore houses has been built through PM Awas Yojana, out of which 15 lakh houses were built for the poor in urban areas. He added that under the present Union Government, there is transparency in the entire process. He mentioned that when a Government frames policies with the right intent, it will result in the elimination of corruption and better results.

The Prime Minister said that Real Estate Regulatory Authority (RERA) has strengthened the trust between the customers and the Real Estate Developers.  He said that RERA has been notified in 28 states. More than 35000 Real Estate Projects and 27000 Real estate agents have registered under RERA, and lakhs of flats are being built, PM said.

Speaking about quantum jump in Ease of Doing Business rankings in the past four years, Prime Minister said that Government is committed towards ensuring Ease of Doing Business in India. In this context, he mentioned that all Government permissions, including construction permits are being issued faster than before.

The Prime Minister talked about the tax reforms initiated by the Central Government to aid the housing industry and home buyers. He mentioned about the reduced GST rates for various construction items. He also spoke about the income tax benefits introduced for middle class in the recent Budget. He said that the cumulative effect of these initiatives will help the housing sector and the home buyers.

The Prime Minister complimented CREDAI for their contribution in fulfilling the dreams of ordinary citizens of owning a house. He said that the YouthCon is happening at a time when a ‘New India’ is being shaped. He said that youth of the nation has an important role to play in charting a New India.

Earlier, the Prime Minister visited the exhibition organized by CREDAI at Talkatora Satdium.

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Cabinet approves three new corridors as part of Delhi Metro’s Phase V (A) Project
December 24, 2025

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved three new corridors - 1. R.K Ashram Marg to Indraprastha (9.913 Kms), 2. Aerocity to IGD Airport T-1 (2.263 kms) 3. Tughlakabad to Kalindi Kunj (3.9 kms) as part of Delhi Metro’s Phase – V(A) project consisting of 16.076 kms which will further enhance connectivity within the national capital. Total project cost of Delhi Metro’s Phase – V(A) project is Rs.12014.91 crore, which will be sourced from Government of India, Government of Delhi, and international funding agencies.

The Central Vista corridor will provide connectivity to all the Kartavya Bhawans thereby providing door step connectivity to the office goers and visitors in this area. With this connectivity around 60,000 office goers and 2 lakh visitors will get benefitted on daily basis. These corridors will further reduce pollution and usage of fossil fuels enhancing ease of living.

Details:

The RK Ashram Marg – Indraprastha section will be an extension of the Botanical Garden-R.K. Ashram Marg corridor. It will provide Metro connectivity to the Central Vista area, which is currently under redevelopment. The Aerocity – IGD Airport Terminal 1 and Tughlakabad – Kalindi Kunj sections will be an extension of the Aerocity-Tughlakabad corridor and will boost connectivity of the airport with the southern parts of the national capital in areas such as Tughlakabad, Saket, Kalindi Kunj etc. These extensions will comprise of 13 stations. Out of these 10 stations will be underground and 03 stations will be elevated.

After completion, the corridor-1 namely R.K Ashram Marg to Indraprastha (9.913 Kms), will improve the connectivity of West, North and old Delhi with Central Delhi and the other two corridors namely Aerocity to IGD Airport T-1 (2.263 kms) and Tughlakabad to Kalindi Kunj (3.9 kms) corridors will connect south Delhi with the domestic Airport Terminal-1 via Saket, Chattarpur etc which will tremendously boost connectivity within National Capital.

These metro extensions of the Phase – V (A) project will expand the reach of Delhi Metro network in Central Delhi and Domestic Airport thereby further boosting the economy. These extensions of the Magenta Line and Golden Line will reduce congestion on the roads; thus, will help in reducing the pollution caused by motor vehicles.

The stations, which shall come up on the RK Ashram Marg - Indraprastha section are: R.K Ashram Marg, Shivaji Stadium, Central Secretariat, Kartavya Bhawan, India Gate, War Memorial - High Court, Baroda House, Bharat Mandapam, and Indraprastha.

The stations on the Tughlakabad – Kalindi Kunj section will be Sarita Vihar Depot, Madanpur Khadar, and Kalindi Kunj, while the Aerocity station will be connected further with the IGD T-1 station.

Construction of Phase-IV consisting of 111 km and 83 stations are underway, and as of today, about 80.43% of civil construction of Phase-IV (3 Priority) corridors has been completed. The Phase-IV (3 Priority) corridors are likely to be completed in stages by December 2026.

Today, the Delhi Metro caters to an average of 65 lakh passenger journeys per day. The maximum passenger journey recorded so far is 81.87 lakh on August 08, 2025. Delhi Metro has become the lifeline of the city by setting the epitome of excellence in the core parameters of MRTS, i.e. punctuality, reliability, and safety.

A total of 12 metro lines of about 395 km with 289 stations are being operated by DMRC in Delhi and NCR at present. Today, Delhi Metro has the largest Metro network in India and is also one of the largest Metros in the world.