New Delhi: Prime Minister Narendra Modi will visit Mumbai and Palghar in Maharashtra on 30th August 2024, i.e. today. At around 11 AM, Prime Minister will address Global Fintech Fest (GFF) 2024 at the Jio World Convention Centre in Mumbai. Thereafter, at around 1:30 PM, Prime Minister will inaugurate and lay the foundation stone of various development projects at CIDCO ground, Palghar.
PM in Mumbai
Prime Minister will address a Special Session of Global Fintech Fest (GFF) 2024. GEF is being jointly organised by the Payments Council of India, the National Payments Corporation of India and the Fintech Convergence Council. Around 800 speakers, including policymakers, regulators, senior bankers, industry captains, and academicians, from India and various other countries will address more than 350 sessions in the conference.
PM in Palghar
Prime Minister will lay the foundation stone of Vadhvan Port. The total cost of this project is around Rs. 76,000 crores. It aims to establish a world-class maritime gateway that will boost the country’s trade and economic growth by catering to large container vessels, offering deeper drafts, and accommodating ultra-large cargo ships.
Vadhvan Port, located near Dahanu town in Palghar district, will be one of India’s largest deep-water ports and will provide direct connectivity to international shipping routes, reducing transit times and costs. Equipped with state-of-the-art technology and infrastructure, the port will feature deep berths, efficient cargo handling facilities, and modern port management systems. The port is expected to generate significant employment opportunities, stimulate local businesses, and contribute to the overall economic development of the region.
Prime Minister will also inaugurate and lay the foundation stone of 218 fisheries projects worth around Rs 1,560 crores, aimed at bolstering the sector’s infrastructure and productivity across the nation. These initiatives are expected to generate more than five lakh employment opportunities in the fisheries sector.
Prime Minister will launch the National Roll Out of Vessel Communication and Support system at a cost of around Rs. 360 crores. Under this project, 1 lakh transponders will be installed in a phased manner on mechanised and motorised fishing vessels in 13 coastal States and Union Territories.
Prime Minister will also lay the foundation stone for important fishery infrastructure projects including development, upgradation and modernization of fishing harbours, fish landing centres and construction of fish markets. This is expected to provide necessary facilities and hygienic conditions for post-harvest management of fish and seafood.