We believe potential, policy, planning and performance leads to progress, says PM Modi

Mumbai, Feb 18: PM Modi delivers inaugural address at the Global Investors' Summit-Magnetic Maharashtra: Convergence 2018.

"We believe potential, policy, planning and performance leads to progress. Our budget is not limited to outlay, focus of our budget is not limited to output, focus of our budget is on outcome," said PM Modi at the Global Investors' Summit-Magnetic Maharashtra: Convergence 2018 in Mumbai.

Prime Minister Narendra Modi on Sunday said India's aviation sector is growing tremendously.

While speaking at foundation stone laying ceremony of Navi Mumbai International Airport, Prime Minister Modi said, "India's aviation sector is growing tremendously. This makes quality infrastructure in the aviation sector important. Our government brought an aviation policy that is transforming the sector. Aviation will also boost tourism sector in the country."

The PM also said his government has also increased the airplane fleet in the country.

"Today around 450 airplanes, including both government and private, are operational in the country. Within last one year, order for 900 new airplanes has been placed," Prime Minister Modi said.

He added that the aviation sector also brings more employment opportunities.

He also accused former governments of stalling infrastructure projects and said his government started development projects worth Rs 10 lakh crore which were stalled during previous government's rule.
News24Bureau with Agencies