Excellency,

I am grateful for this warm welcome and the grand honour. Today at Chequers, we are going to create a new history. India and the UK are coming together to begin a new chapter in our shared journey.

Excellency,

This is the third time we are meeting in just one year, and I see that as very important. India and the UK are natural partners. Today is a historic day in our relationship. Both our countries are coming together to finalise a Free Trade Agreement (FTA) and a Double Taxation Convention that will benefit both sides. This will lay a strong foundation for the future of our partnership and for the coming generations. This is a new chapter in trade and industry. I believe it will create many new opportunities for our farmers, MSMEs, and youth. The 21st century is driven by technology, and in this environment, the skilled youth of India and the UK will play a big role in shaping a better future for the world. Today’s technology needs fresh innovations every day. When the skilled youth of the UK and India come together, their talent and ideas come together, they become a guarantee for global development. This will create more jobs and promote skilled mobility between our countries. I believe our Comprehensive Strategic Partnership under 'Vision 2035' will gain fresh momentum and energy through this collaboration.

Excellency,

I once again express my heartfelt gratitude to you. You have played an important role in strengthening the partnership between India and the UK through this wonderful new beginning. My heartfelt congratulations to you.

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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.