PM Modi unveils development projects in Chhattisgarh
Tags: Government Schemes
Prime Minister Narendra Modi inaugurated a series of development projects in Jagdalpur, the administrative center of the tribal Bastar division of Chhattisgarh.
An Overview of the News
These projects with a total estimated cost of more than Rs 26 thousand crore include:
Inauguration of NMDC's Greenfield Steel Plant built at a cost of approximately Rs 24 thousand crore in Nagarnar, Bastar. This integrated steel plant is expected to produce high-quality steel, create employment opportunities for thousands of people and increase the prominence of the region in the global steel industry.
Laying of foundation stone for the upgrade work of Jagdalpur Railway Station.
Inauguration of the new rail line between Antagarh and Taroki, as well as the inauguration of the double rail line project between Jagdalpur and Dantewada.
Flagged off-train service between Taroki and Raipur, which aims to improve rail connectivity and boost economic development in the tribal region.
Inauguration of the new road constructed between Kunkuri and Chhattisgarh-Jharkhand border on National Highway-45.
These initiatives are expected to enhance connectivity, stimulate economic growth and provide significant opportunities for the local population in the Bastar region.
About Bastar:
Bastar is a district of Chhattisgarh, known for its lush green forests and rich tribal culture.
The region has a predominantly tribal population, including groups such as Gond, Maria, Muria, Bhatra, Halba and Dhruva.
The Indravati river flowing through this region holds cultural importance.
Jagdalpur serves as a cultural and handicrafts center, with notable attractions such as the Anthropology Museum and the Dancing Cactus Art Centre.
Bastar is a popular tourist destination with historical sites like Bastar Palace, and Bastar Dussehra, waterfalls like Chitrakote and Tirathgarh, and Danteshwari Temple.
Greenfield Project:
A greenfield project is a venture that lacks any restrictions imposed by previous work.
This can be compared to constructing a building on a piece of land that has not had prior development, where there is no need to demolish or renovate existing structures.
Greenfield investing involves investing in a physical company-related structure, such as an office or manufacturing facility, in an area where no previous facilities exist. The term is derived from the concept of building a facility on a piece of untouched land such as a forest or farmland.
Greenfield projects involve the construction of entirely new power plants, airports and factories that are built from the ground up on undeveloped land.
In contrast, projects that involve upgrading or modifying existing facilities are called brownfield projects. This difference arises from the fact that already existing sites or facilities may be contaminated or polluted.
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