Prime Minister Gati Shakti
Pradhānmantrī Gatī Shaktī
Agency overview
Formed15 August 2021 (15 August 2021)

Prime Minister Gati Shakti, also known as National Master Plan for Multi-modal Connectivity (IAST Pradhānmantrī Gatī Shaktī) is an Indian megaproject worth $1.2 trillion USD to provide competitive advantage for manufacturing in India.[1]

History

On 15 August 2021, Narendra Modi, Prime Minister of India announced this project to boost Indian Economic Growth.[2][3] The plan was launched on 13 October 2021 to provide multimodal connectivity infrastructure to all economic zones of India and approved on 21 October 2021 by Cabinet Committee on Economic Affairs.[4]

Aim and Project

The plan aims to bring all relevant ministries and departments of Government of India together and create a digital platform[5][6][7] for more holistic and integrated planning of projects.[8] For instance, it will interconnect ministries of Indian Roadways, Indian Railways, Indian airways and Indian waterways for easy movement of goods.[9] It will also enable transparency in monitoring current projects and provide information about upcoming connectivity projects to the community.[10] The main objectives of the plan is to achieve a sustained 5 trillion dollar economy and an increase to 20 trillion dollar economy by 2040.[11][12] As part of this plan, Indian Railway will also develop 400 new Vande Bharat Express in 3 years.[13] This plan will also add steam to 196 critical infrastructure gap projects[14][15][16] from which 22 infrastructure projects have been initially approved.[17] Indian Railways will also revamp 200 railway terminals within India with modern facilities[18] and will additionally build 300 new terminals in next five years.[19]

See also

References

  1. ↑ "India has a $1.2 trillion plan to snatch factories from China". Bloomberg. 2022-10-03. Retrieved 2022-10-04.
  2. ↑ "WHAT IS PM GATI SHAKTI MASTER PLAN?". Business Standard India. Retrieved 2022-10-04.
  3. ↑ "Explained: What is Gati Shakti Master Plan that PM Modi announced on Independence Day?". The Indian Express. 2021-08-15. Retrieved 2022-10-04.
  4. ↑ "PM Gati Shakti". Department for Promotion of Industry and Internal Trade. Retrieved 2022-10-04.
  5. ↑ "India's ambitious infra push: A digital platform that combines 16 ministries". WION. Retrieved 2022-10-04.
  6. ↑ "PM Gati Shakti Master Plan". Invest India, Government of India. Retrieved 2022-10-04.
  7. ↑ "PM launches Gati Shakti- National Master Plan for infrastructure development". Press Information Bureau. Retrieved 2022-10-04.
  8. ↑ "Infra planning, implementation, monitoring to get new direction from Gati Shakti: PM Modi". The Economic Times. Retrieved 2022-10-04.
  9. ↑ "States may adopt Gati Shakti master plan after PM's nudge". The Economic Times. Retrieved 2022-10-04.
  10. ↑ "Gati Shakti Master Plan Details". Byju's. Retrieved 2022-10-04.
  11. ↑ "PM Gati Shakti to help India achieve $5 trillion economy, says MoS Som Parkash". TimesNow. Retrieved 2022-10-04.
  12. ↑ "PM Gati Shakti: A game changer that can help India achieve $20-trillion economy dream by 2040". The Economic Times. Retrieved 2022-10-04.
  13. ↑ Sharma, Yogima Seth. "PM Gati Shakti project: 400 new Vande Bharat trains to be made in 3 years". The Economic Times. Retrieved 2022-10-04.
  14. ↑ "PM Gati Shakti to add steam to 196 critical infrastructure gap projects". The Economic Times. Retrieved 2022-10-04.
  15. ↑ Mishra, Ravi Dutta (2022-09-16). "'Gati Shakti has spotted 196 key projects'". Live Mint. Retrieved 2022-10-04.
  16. ↑ Nandi, Shreya (2022-09-15). "PM GatiShakti: 196 critical infrastructure gap projects identified". Business Standard India. Retrieved 2022-10-04.
  17. ↑ "PM Gati Shakti: Green signal for 22 infrastructure projects worth Rs 1 lakh crore". Moneycontrol. Retrieved 2022-10-04.
  18. ↑ "Indian Railways to revamp 200 stations across India with modern facilities". mint. 2022-10-03. Retrieved 2022-10-04.
  19. ↑ Mishra, Twesh. "Targeting to develop 300 Gati Shakti Terminals in next five years: Ashwini Vaishnaw". The Economic Times. Retrieved 2022-10-04.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.