JAMMU, Feb. 20 -- Prime Minister Narendra Modi on Tuesday said the revocation of Article 370 was pivotal in fostering the comprehensive development of Jammu and Kashmir, asserting his government was committed to transforming the Valley into a tourist destination that could rival Switzerland.

Addressing a large gathering at the Maulana Azad Stadium here, where he launched projects worth over Rs 32,000 crore for Jammu and Kashmir and Rs 13,500 crore for other parts of the nation, Modi highlighted the surge in investments from Gulf countries following a G20 event held in the region last year, which brought global attention to its scenic beauty.

Modi heralded a new era for the region and declared that Jammu and Kashmir is breaking free from d...