PM Modi Emphasizes Middle-Class Savings and Bengalurus Infrastructure Development

Bengaluru, November 13 (Daily Kiran) : Prime Minister Narendra Modi addressed a gathering in Bengaluru on November 13, emphasizing the government’s focus on enhancing savings among the middle class. He also underscored the importance of developing modern infrastructure in the city.

During his speech at the Indian Institute of Management (IIM) Bengaluru, Modi inaugurated and laid the foundation for over ₹15,600 crores worth of development projects. He noted that Bengaluru, often referred to as India’s “Silicon Valley,” has made significant contributions to the country’s IT exports and has emerged as a hub of innovation and growth.

The Prime Minister stated that the progress of Bengaluru and the expansion of its infrastructure are top priorities for the central government. He mentioned that the day marks a new momentum in the development journey of both Bengaluru and Karnataka, driven by projects related to connectivity and energy security worth over ₹15,000 crores.

Modi highlighted the critical role of infrastructure in a nation’s development, which creates jobs and economic opportunities. He pointed out that when the benefits of growth reach the most disadvantaged sections of society, it strengthens the fight against poverty. In recent years, approximately 50 crore people have risen out of extreme poverty, and the projects launched on Friday will further bolster this development journey. He expressed that a “developed Karnataka” will contribute to a “developed India.”

The Prime Minister also shared the stage with Karnataka Governor Dr. Sudha Yadav for the first time, honoring her family’s sacrifices, including the loss of her husband during the Kargil War. He commended her contributions to the nation during her parliamentary tenure and her ongoing efforts towards Karnataka’s peace and prosperity.

Modi noted that the recently launched “Pink Line” metro will improve connectivity to IIM-Bangalore and other educational institutions, linking them with key commercial centers in the city. This new metro line will benefit millions of Bengaluru residents by saving them both time and money.

He reminisced about the late former Union Minister Ananth Kumar on the anniversary of his death, acknowledging his strong ties to the region and his enthusiasm for the metro network’s expansion. Kumar had represented the Bengaluru South constituency.

Referring to the central government’s support for the “Namma Metro” project, he pointed out that the metro network in Bengaluru has grown from approximately 17 kilometers in 2014 to over 100 kilometers today. Bengaluru has become the third city in India, after Delhi-NCR and Mumbai, to have a metro network exceeding 100 kilometers. The success of the “Namma Metro” project reflects the government’s commitment to making life easier for the middle class and facilitating convenient travel.

Earlier, Chief Minister Shivakumar emphasized the need for increased funding for Bengaluru and Karnataka, akin to other cities and states.