PM Modi unveils INR 100 lakh crore Gati Shakti plan for multi-modal connectivity
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In a Landmark event on Wednesday, Prime Minister Narendra Modi launched the ambitious INR 107 lakh crore National infrastructure Master plan, ‘Gati Shakti,’ to provide multi-modal connectivity to more than 1200 industrial clusters in the country.
An integral part of PMs’ Aatmanirbhar Bharat vision, the master plan aims to lend more power and speed to projects under the $1.5-trillion National Infrastructure Pipeline and accelerate the nation’s goal of achieving a $5-trillion economy, especially in wake of the recent economic impacts caused due to the coronavirus pandemic.
“We are laying a foundation for the next 25 years. This national master plan will give ‘gatishakti’ to development plans of the 21st century and will help in the timely completion of these plans” PM Modi quoted during the launch.
What is Gati Shakti?
A national infrastructure master plan, Gati shakti plans to envisage a centralized portal to unite the infrastructural initiatives planned and initiated by as many as 16 central ministries and departments.
Under the masterplan, all departments will have visibility of each other’s projects through a centralized portal. This holistic vision will enhance India’s global competitiveness through next-generation state-of-the-art infrastructure and multi-modal connectivity, reduce logistics cost and turnaround time, ensure efficient movement of goods and people, and enhance the ease of doing business.
Further the project will generate large-scale employment opportunities, cut down logistics costs and improve supply chains.
Although, the project will be headed by the logistics department of the Ministry of Commerce and Industries, an empowered group of secretaries headed by the Cabinet secretary will see the implementation of the major initiatives.
The Gati shakti project which is expected to be a game-changer for the nation is based on six pillars of comprehensiveness, prioritization, optimization, synchronization, and being analytical and dynamic.
What’s the objective of Gati Shakti?
Under the Gati Shakti project the centre aims to tick off the checklist some of its most ambitious targets for the period of 2024-25.
Governments aim under Gati Shakti:
Develop 11 industrial corridors spread across 25,000 acres to strengthen Make in India
38 electronic Manufacturing clusters to turn India into major electronic exporter
Increasing renewable energy capacity to 225 GW from 87.7 GW
Expanding the national highway network by 2 lakh route km
Increasing length of transmission network to 4,54,200 circuit km
Establishment of 220 new airports, heliports and water aerodromes
Increasing cargo handling capacity of railways to 1,600 million tons from 1210 million tons
Proliferating the existing gas pipeline network to 35,000 km by adding 17,000 km
Development of 109 pharma & Medical device clusters and 90 textile clusters and Mega textile Parks
197 Mega food Parks & Agro processing Centres and 847 lakh MT food processing and preservation capacity, and much more.
Promoting the new mantra of will for progress, work for progress, wealth for progress, plan for progress and preference for progress, at the launch event the Prime Minister highlighted that the government is not only developing a wok culture of completion of projects in the given time frame but also is making efforts of completing projects before time.
This newly launched master plan by the centre will further give power to the initiated projects, make india an investment destination and increase its global competitiveness