India's Prime Minister Narendra Modi has announced a huge financial package his country's economy. Mr Modi outlined plans spending $1.35 trillion infrastructure an Independence Day speech August the 15th. The huge investment will focus the economy, youth employment opportunities, and ways to tackle climate change. Modi hopes the gargantuan injection cash will provide a boost to the economy. He said the spending plans will "create job opportunities hundreds of thousands of young people". He added that the stimulus would help local manufacturers to become "globally competitive," and develop new "economic zones" India.
Mr Modi focused plans to make India a carbon-neutral country. He gave his speech as part India's 75th Independence Day celebrations. He vowed that before India turned 100, the country would be "energy independent". Modi pledged to invest more sustainable resources such as solar technology and "green hydrogen". He wants the country to move from its reliance oil. India is the world's third-largest oil importer. In particular, he outlined ambitious plans transforming India's vast railway network - the largest the world. He said he wants the whole network to be a net-zero carbon emitter 2030. Modi said his country is "moving fast towards achieving its climate goals".
