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Our close friendship has given clear direction, fresh impulse, stronger momentum and rich content to our ties: PM Modi at Joint Press Statement with President Putin

Published By : Admin | October 15, 2016 | 17:03 IST
Since the last two Annual Summits, the journey of our partnership has seen renewed focus and drive: PM Modi to President Putin
We agreed to work on an annual military industrial conf that will allow stakeholders on both sides to institute & push collaboration: PM
With an eye on the future, we also agreed to set up a Science and Technology Commission: PM Modi
As with the last Summit, we also continue to expand, diversify and deepen our economic engagement: PM Modi
Businesses and Industry between our two countries is connected more deeply today. Trade and investment ties are on the upswing: PM
We deeply appreciate Russia’s understanding and support of our actions to fight cross-border terrorism that threatens our entire region: PM
We agreed to work closely to respond to the challenges posed by the unsettled nature of the global economic and financial markets: PM

Your Excellency President Vladimir Putin,

Distinguished members of the Russian and Indian delegations,

Members of the media,

It gives me great pleasure to welcome President Putin, an old friend of India, here in Goa today.As they say in Russian:

स्तारीय द्रुग लुछे नोविख़ द्वुख

[Means: An Old friend is better than two new friends.]

Excellency Putin, I am aware of your deep affection for India. Your personal attention has been a source of strength in our relationship. And, in the complex and changing global context, your leadership has provided stability and substance to our strategic partnership. Ours is a truly privileged and unique relationship.

Friends,

Since the last two Annual Summits, the journey of our partnership has seen renewed focus and drive. President Putin and I have just concluded an extensive and useful conversation on the entire spectrum of our engagement. The highly productive outcomes of our meeting clearly establish the special and privileged nature of our strategic partnership.They also lay the foundations for deeper defence and economic ties in years ahead.The agreements on manufacturing of Kamov 226T helicopters; constructions of frigates; and acquisition and building of other defence platforms are in synergy with India’s technology and security priorities. They also help us achieve the objectives of Make in India. We have also agreed to work on an annual military industrial conference that will allow stakeholders on both sides to institute and push collaboration. These projects are new chapters in a long history of strong and diverse defence partnership that both sides can take much pride in. Just minutes ago, with dedication of Kudankulum 2 and laying of foundation concrete of Kundankulum 3 and 4, we saw the tangible results of India-Russia cooperation in the field of Civil Nuclear Energy. And, with proposed construction of another eight reactors, our wide ranging cooperation in nuclear energy is set to bring rich dividends for both of us. It also fits in with our needs of energy security, access to high technology and greater localization and manufacturing in India. Last year in Moscow, I had said that we would be enlarging our presence in Russia’s Hydrocarbon sector.In last four months alone, in a clear expression of our strong and deep engagement in the Hydrocarbon sector, Indian companies have invested close to US Dollars 5.5 billion in Russia’s Oil and Gas sector.And, with President Putin’s support, we are ready and willing to expand the scope of our engagement further. We are also undertaking a joint study of a gas pipeline route between our two countries. A combination of robust civil nuclear cooperation, LNG sourcing, partnership in the Oil and Gas sector, and engagement in renewables can construct a promising ‘Energy Bridge’ between our two countries.

Friends,

With an eye on the future, we also agreed to set up a Science and Technology Commission. Through this our societies will reap the benefits of joint development, transfer and sharing of cutting edge technologies in different fields. As with the last Summit, we also continue to expand, diversify and deepen our economic engagement.Businesses and Industry between our two countries is connected more deeply today. Trade and investment ties are on the upswing. And, with President Putin’s backing, we hope to fast track India’s association with Eurasian Economic Union Free Trade Agreement. The Green Corridor and the International North South Transport Corridor will serve to strengthen trade facilitation, logistical links and ensure better connectivity between our countries. Our efforts for early setting up of the Investment Fund of US Dollars 1 billion between National Investment and Infrastructure Fund (NIIF) and Russia Direct Investment Fund (RDIF) will help advance our infrastructure partnership. We also want our economic linkages to connect the regions and states in both countries.

Friends,

The success of this Summit shines a spotlight on the abiding strength of India-Russia strategic partnership. It also highlights our strong convergence of views and positions on pressing international and regional issues. Russia’s clear stand on the need to combat terrorism mirrors our own. We deeply appreciate Russia’s understanding and support of our actions to fight cross-border terrorism, that threatens our entire region.We both affirmed the need for zero tolerance in dealing with terrorists and their supporters. President Putin and I noted the similarity of our views on the situation in Afghanistan and turmoil in West Asia.We also agreed to work closely to respond to the challenges posed by the unsettled nature of the global economic and financial markets.Our close collaboration at the United Nations, BRICS, East Asia Summit, G-20, Shanghai Cooperation Organization makes our partnership truly global, both in its scope and coverage.

Excellency Putin,

As we approach the seventieth (70th) anniversary of the establishment of our diplomatic ties next year, India and Russia are celebrating and building on the achievements of our past. We are working to model a partnership that befits our common ambition and meets our shared goals for the twenty-first (21st) century. Our close friendship has given clear direction, fresh impulse, stronger momentum and rich content to our ties.In the emerging regional and global landscape, it has been a source of strength and substance, a driver of peace and a factor of stability.

As one would say it in Russian:

इंडियाई रस्सीया-रुका अब रुकु व स्वेतलोय बदूशीय

[India and Russia-together to a bright future.]

Thank you! Thank you very much.

 

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Cabinet approves Rs 1,526.21 crore upgrade of NH-326 in Odisha
December 31, 2025

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today approved the widening and strengthening of existing 2-Lane to 2-Lane with Paved Shoulder from Km 68.600 to Km 311.700 of NH-326 in the State of Odisha under NH(O) on EPC mode.

Financial implications:

The total capital cost for the project is Rs.1,526.21 crore, which includes a civil construction cost of Rs.966.79 crore.

Benefits:

The upgradation of NH-326 will make travel faster, safer, and more reliable, resulting in overall development of southern Odisha, particularly benefiting the districts of Gajapati, Rayagada, and Koraput. Improved road connectivity will directly benefit local communities, industries, educational institutions, and tourism centres by enhancing access to markets, healthcare, and employment opportunities, thereby contributing to the region’s inclusive growth.

Details:

  • The section of Mohana–Koraput of the National Highway (NH-326) at present have sub-standard geometry (intermediate lane/2-lane, many deficient curves and steep gradients); the existing road alignment, carriageway width and geometric deficiencies constrain safe, efficient movement of heavy vehicles and reduce freight throughput to coastal ports and industrial centres. These constraints will be removed by upgrading the corridor to 2-lane with paved shoulders with geometric corrections (curve realignments and gradient improvements), removal of black spots and pavement strengthening, enabling safe and uninterrupted movement of goods and passengers and reducing vehicle operating costs.
  • The upgradation will provide direct and improved connectivity from Mohana–Koraput into major economic and logistics corridors — linking with NH-26, NH-59, NH-16 and the Raipur–Visakhapatnam corridor and improving last-mile access to Gopalpur port, Jeypore airport and several railway stations. The corridor connects important industrial and logistic nodes (JK Paper, Mega Food Park, NALCO, IMFA, Utkal Alumina, Vedanta, HAL) and education/tourism hubs (Central University of Odisha, Koraput Medical College, Taptapani, Rayagada), thereby facilitating faster freight movement, reducing travel time and enabling regional economic development.
  • The project lies in southern Odisha (districts of Gajapati, Rayagada and Koraput) and will significantly improve intra-state and inter-state connectivity by making vehicle movement faster and safer, stimulating industrial and tourism growth and improving access to services in aspirational and tribal areas. Economic analysis shows the project’s EIRR at 17.95% (base case) while the financial return (FIRR) is negative (-2.32%), reflecting the social and non-market benefits captured in the economic appraisal; the economic justification is driven largely by travel-time and vehicle-operating-cost savings and safety benefits (including an estimated travel-time saving of about 2.5–3.0 hours and a distance saving of ~12.46 km between Mohana and Koraput after geometric improvements).

Implementation strategy and targets:

  • The work will be implemented on EPC mode. Contractors will be required to adopt proven construction and quality-assurance technologies, which may include precast box-type structures and precast drains, precast RCC/PSC girders for bridges and grade separators, precast crash barriers and friction slabs on Reinforced-Earth wall portions, and Cement Treated Sub-Base (CTSB) in pavement layers. Quality and progress will be verified through specialized survey and monitoring tools such as Network Survey Vehicle (NSV), periodic drone-mapping. Day-to-day supervision will be carried out by an appointed Authority Engineer and project monitoring will be conducted through the Project Monitoring Information System (PMIS).
  • The work is targeted to be completed in 24 months from the appointed date for each package, followed by a five-year defect liability/maintenance period (total contract engagement envisaged as 7 years: 2 years construction + 5 years DLP). Contract award will follow after completion of statutory clearances and required land possession.

Major impact, including employment generation potential:

  • This project is aimed at providing faster and safer movement of traffic and improving connectivity between the southern and eastern parts of Odisha, particularly linking the districts of Gajapati, Rayagada, and Koraput with the rest of the State and neighbouring Andhra Pradesh. The improved road network will facilitate industrial growth, promote tourism, enhance access to education and healthcare facilities, and contribute to the overall socio-economic development of the tribal and backward regions of southern Odisha.
  • Various activities undertaken during the construction and maintenance period are expected to generate significant direct and indirect employment opportunities for skilled, semi-skilled and unskilled workers. The project will also boost local industries involved in the supply of construction materials, transportation, equipment maintenance, and related services, thus supporting the regional economy.
  • The project is located in the State of Odisha and traverses three districts — Gajapati, Rayagada, and Koraput. The corridor connects major towns such as Mohana, Rayagada, Laxmipur, and Koraput, providing improved intra-state connectivity within Odisha and enhancing inter-state linkage with Andhra Pradesh through the southern end of NH-326.

Background:

Government has declared the stretch “the Highway starting from its junction with NH-59 near Aska, passing through Mohana, Raipanka, Amalabhata, Rayagada, Laxmipur and terminating at its junction with NH-30 near Chinturu in the State of Odisha” as NH-326 vide Gazette Notification dated 14th August 2012.