PM Modi to visit Gujarat and Tamil Nadu on July 28 and July 29

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Prime Minister Narendra Modi will visit Gujarat and Tamil Nadu tomorrow and on Friday. At around 12 Noon tomorrow, Mr Modi will inaugurate and lay the foundation stone of multiple projects of Sabar Dairy worth one thousand crore rupees at Gadhoda Chowki, Sabarkantha, Gujarat. These projects will empower local farmers and milk producers and increase their income. This will also give a boost to the rural economy in the region. Mr Modi will inaugurate the Powder Plant at Sabar Dairy with a capacity of around 120 metric tonnes per day. The total cost of the entire project is more than 300 crore rupees. He will also inaugurate the Aseptic Milk Packaging Plant at Sabar Dairy. It is a state of the art plant having capacity of 3 Lakh Litre per day. The project has been executed with a total investment of around Rs. 125 crores. The Prime Minister will lay the foundation stone of the Sabar Cheese and Whey Drying Plant Project. The estimated outlay of the project is around Rs. 600 crores. The Plant will manufacture Cheddar Cheese, Mozzarella Cheese and Processed Cheese. Whey generated during manufacturing of cheese shall also be dried at Whey Drying Plant, having capacity of 40 metric tonnes per day. Sabar Dairy is a part of Gujarat Cooperative Milk Marketing Federation which makes and markets a whole range of milk and milk products under the Amul brand.

At around 6 in the evening tomorrow, the Prime Minister will declare open the 44th Chess Olympiad at JLN Indoor Stadium, Chennai. The Chess Olympiad is being held in Chennai from 28th July to 9th August. The prestigious competition, which has been organised since 1927, is being hosted in India for the first time and in Asia after 30 years. With 187 countries participating, this will be the largest participation in any Chess Olympiad. India is also feilding its biggest ever contingent in the competition comprising 30 players across 6 teams. The Prime Minister had launched the first-ever Chess Olympiad Torch Relay at the Indira Gandhi National Stadium in New Delhi on 19th of last month. The torch travelled to 75 iconic locations in the country for over a period of 40 days, traversing close to 20 thousand kilometres and culminating in Mahabalipuram, before heading over to the FIDE Headquarters, Switzerland.

On Friday, at around 10 AM, Mr Modi will attend the 42nd Convocation of Anna University. During the programme, he will award gold medals and certificates to 69 gold medalists. The Prime Minister will also address the gathering on the occasion. Anna University was established on 4th September 1978. It is named after C. N. Annadurai, the former Chief Minister of Tamil Nadu. It has 13 Constituent Colleges, 494 Affiliated Colleges spread over Tamil Nadu and 3 Regional Campuses – Tirunelveli, Madurai and Coimbatore.

On Friday evening, Mr Modi will reach Gandhinagar to visit GIFT City, where he will launch and lay the foundation stone of various projects at around 4 PM. Prime Minister will lay the foundation stone of the Headquarters Building of the International Financial Services Centres Authority IFSCA, the unified regulator for the development and regulation of financial products, financial services and financial institutions in International Financial Services Centres IFSCs in India. The building has been conceptualised as an iconic structure, reflective of the growing prominence and stature of GIFT-IFSC as a leading International Financial Centre. The Prime Minister will launch India International Bullion Exchange IIBX, India’s first International Bullion Exchange in GIFT-IFSC. IIBX will facilitate efficient price discovery with the assurance of responsible sourcing and quality, apart from giving impetus to the financialisation of gold in India. It will empower India to gain its rightful place in the global bullion market and serve the global value chain with integrity and quality.

IIBX also re-enforces the commitment of the Government of India towards enabling India to be able to influence global bullion prices as a principal consumer. Mr Modi will also launch NSE IFSC-SGX Connect. It is a framework between NSE’s subsidiary in GIFT International Financial Services Centre IFSC and Singapore Exchange Limited SGX. Under Connect, all orders on NIFTY derivatives placed by members of Singapore Exchange will be routed to and matched on the NSE-IFSC order matching and trading platform. Broker-Dealers from India and across international jurisdictions are expected to participate in large numbers for trading derivatives through the Connect. It will deepen liquidity in derivative markets at GIFT-IFSC, bringing in more international participants and creating a positive impact on the financial ecosystem in the GIFT-IFSC.