PM Gati Shakti national master plan

On Wednesday, Prime Minister Narendra Modi unveiled a national master plan for multi-modal connectivity worth Rs 100 lakh crore. The plan, first announced in the prime minister’s Independence Day address on August 15, aims to develop infrastructure in order to reduce logistic costs and, as a result, boost the Indian economy.

The plan, officially titled “PM Gati Shakti,” will aim to reduce logistics costs, increase cargo handling capacity, and shorten the turnaround time, according to the prime minister at the launch.

What is Gati Shakti master plan?

According to Prime Minister Modi, the Gati Shakti master plan is an infrastructure master plan that will lay the groundwork for holistic infrastructure and provide an integrated pathway to the Indian economy.

What will the strategy achieve?

The PM Gati Shakti national master plan for multi-modal connectivity aims to integrate logistics departments into a single platform. Furthermore, the plan aims to bring infrastructure schemes from various ministries and state governments together and execute them with a unified vision.

“Gati Shakti brings together different departments for the coordinated development of projects ranging from roads to railways, aviation to agriculture,” Prime Minister Modi said at the launch, adding that India’s high logistics costs, which account for 13% of GDP, were affecting export competitiveness.

What are the master plan’s focal points?

The government claims that the PM Gati Shakti national master plan will help local entrepreneurs gain a global profile by improving logistics support and lowering costs. Furthermore, the government believes that the plan’s infrastructure improvements will pave the way for new economic zones in the future.

What does the Indian Prime Minister envision for the master plan?

The PM Gati Shakti plan will establish a common umbrella platform through which infrastructure projects can be efficiently planned and implemented through real-time coordination between ministries or departments.

Implementing infrastructure projects should be easier now that all relevant information is available in real-time. Furthermore, having an integrated platform should reduce information asymmetry and ensure that departments do not work in silos and that proper coordination between government agencies is in place.

Latest

G-7 to raise $600 billion to rival BRI, China says don’t denigrate and slander

U.S. President Joe Biden announced on Sunday a G-7...

Iskander-M and Su-25, Europe might have to contend with Russian nuclear weapons in Belarus

In a televised meeting on June 25 between Russian...

Turkish STM500 Small Size Submarine durable test hull enters production

President of the Presidency of Defense Industries, İsmail Demir,...

Turkey may purchase of Eurofighter Typhoon fighter if the U.S. refuses the F-16V deal

Sketched out a few weeks ago, the hypothesis of...

Newsletter

spot_img

From Same Category

India ties carrier-based fighter purchases to deal with major tech transfers

India, as expected, is trying to leverage high-value defense...

India’s ban on sugar exports: Everything you need to know

The government has taken a significant step toward maintaining...

India’s river dam projects on Pakistan and China borders

India plans to build ten hydropower projects totalling 6.8...

5G in India, Everything you need to know 

People worldwide are witnessing the evolution of mobile networks....

RFID cards, Durga Bhawan and a new Board, Mata Vaishno Devi Yatra to get safer for pilgrims

The central government and the Jammu and Kashmir administration...
Ketan Barot
Ketan Barot
I'm Ketan Barot working as an intern for Frontier India. I have a keen interest for journalism. When not at work, I try my hands at making memes, watch football (GGMU) and listen to Travis Scott. *Views are personal.
spot_imgspot_img

G-7 to raise $600 billion to rival BRI, China says don’t denigrate and slander

U.S. President Joe Biden announced on Sunday a G-7 project to challenge China's "Belt and Road Initiative" (BRI). The G-7 initiative is set to raise € 600...

Iskander-M and Su-25, Europe might have to contend with Russian nuclear weapons in Belarus

In a televised meeting on June 25 between Russian President Vladimir Putin and Belarusian President Alexander Lukashenko in St. Petersburg, Putin said Russia would...

Turkish STM500 Small Size Submarine durable test hull enters production

President of the Presidency of Defense Industries, İsmail Demir, said on Twitter that the production of the STM500 submarine, which was designed entirely by...

LEAVE A REPLY

Please enter your comment!
Please enter your name here