Civil Aviation minister fixes take-off for Pune’s new international airport: 2021
The proposed international airport project at Purandar will take another five to six years owing to land acquisition processpune Updated: Jun 13, 2017 14:21 IST
Sinha, who was in the city on Monday, said, while the current airport at Lohegaon will soon reach to stage to handle eight million traffic, the new airport will come by 2021.
During the lecture on ‘Its India’s turn now’, Sinha elaborated his vision of the new India while emphasizing on the frugal nature of India’s economic development and its young demographic. “India has a unique frugal development model that can be exemplary in the world. Also, we have 50 crore of young population which is also the largest in the world. These two factors give us an advantage to lead the world in innovation and economic development,” he said.
Sinha presented statistics about India’s growing economy. India’s Growth Domestic Product (GDP) is currently growing at 7% to 8%. If it is looked at in the context of Purchasing Power Parity (PPP) India’s economy is worth 9.5 trillion dollars. In the next decade, it will contribute 11 trillion dollars to the world economy. According to Sinha, these statistics put India on par with many leading countries in the world including United States of America (USA) and China.
“While achieving this development rate, we are using 25% of the steel and cement of China’s total usage. We are using 78% less carbon per unit and our debt to GDP is only 135% as compared to China’s 282%. This makes India the most frugal economy in the world. We make optimum use of resources and are extremely energy efficient. This unique development model helps us stand out in the world,” explained Sinha.
He also said that the current government is bringing reforms and have left behind the feudal dynastic nature of the Nehruvian government. “We have brought in the model of minimum government and maximum governance. This model has fostered a partnership between people and government. This will lead to broader, deeper and structured reforms,” said Sinha.
First Published: Jun 13, 2017 14:20 IST