Prime Minister Narendra Modi on August 15, 2021, announced the 'Pradhan Mantri Gati Shakti National Master Plan' worth Rs 100 trillion. Gati, the Hindi word for speed, aims to boost economic growth (Shakti) through infrastructure building.
The govt's focus on developing logistics infrastructure in the Northeast region (NER) marks a significant step towards unlocking the region's economic potential and promoting inclusive growth
The inter-ministerial NPG meets every fortnight and appraises infra projects to ensure multi-modality, synchronisation of efforts, and comprehensive development in and around the project location
The government will sit and look at various dimensions, especially with respect to information that is sensitive
However, the industry must remember that the PLI scheme is for five years only, and it must use these five years to make Indian manufacturing globally competitive
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The GatiShakti NMP was announced by Prime Minister Narendra Modi one-and-a-half years ago
These projects will provide multimodal connectivity and seamless movement of goods and passengers, and increase logistics efficiency across the country
Prime Minister said, "Gati Shakti National Master Plan is going to change the face of India's infrastructure and its multimodal logistics"
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He also said that the PM GatiShakti portal has over 1,600 data layers related to subjects such as land, forest, mines and existing infrastructure
Goyal said the objective is to transform connectivity infrastructure in India
Lack of coordination between depts and ministries within the govt on the one hand, and between the Centre and the states on the other, has proved to be a hurdle
State-owned BBNL to take up work that will ensure connectivity across the country
Under a 100-trillion-rupee ($1.2 trillion) mega project called PM Gati Shakti Modi's administration is creating a digital platform that combines 16 ministries
Under a $1.2 trillion mega project called PM Gati Shakti -- Hindi for strength of speed -- Modi's administration is creating a digital platform that combines 16 ministries
The policy will be implemented through a Comprehensive Logistics Action Plan (CLAP), which will include key action areas
In line with earlier plans such as National Rail Plan and Maritime India Vision, NLP aims to bring sweeping changes in the current costly, polluting and congesting modal mix of Indian logistics
PM Modi will also launch ULIP that will enable integration with existing data sources of ministries, as well as data exchange with private players
Preparing protocols for private users' access is crucial, as there is a need to keep in mind the data and national security concerns