New Delhi: Prime Minister Narendra Modi on Wednesday launched PM GatiShakti – National Master Plan for multi-modal connectivity at Pragati Maidan in the national capital. The Rs 100-lakh crore national master plan for multi-modal connectivity aims to develop infrastructure to reduce logistic costs and boost the economy.
PM GatiShakti is aimed at building ‘Next Generation’ Infrastructure which improves Ease of Living as well as Ease of Doing Business. The multi-modal connectivity will provide integrated and seamless connectivity for the movement of people, goods and services from one mode of transport to another. It will facilitate the last mile connectivity of infrastructure and also reduce travel time for people. Th national later plan aims to lend more power and speed to projects under the $1.5-trillion National Infrastructure Pipeline.
The master plan will dissolve the problems faced by our manufacturers, & exporters. It will further boost their entrepreneurial journey in the times to come,” he said.
Stating that high logistics cost in India at 13 per cent of GDP was impacting competitiveness in exports, he said PM Gati Shakti is aimed at reducing logistic cost and turnaround time.
This, he said, will give a boost to India as an investment destination.
As per the official release, PM GatiShakti will provide the public and business community information regarding the upcoming connectivity projects, other business hubs, industrial areas and surrounding environment.
It will incorporate the infrastructure schemes of as many as 16 Ministries and various State Governments like Bharatmala, Sagarmala, inland waterways, dry/land ports and UDAN. Economic Zones like textile clusters, pharmaceutical clusters, defence corridors, electronic parks, industrial corridors, fishing clusters, agri zones will be covered to improve connectivity and make Indian businesses more competitive.
It will also leverage technology extensively including spatial planning tools with ISRO imagery developed by BiSAG-N (Bhaskaracharya National Institute for Space Applications and Geoinformatics).