Prime Minister Narendra Modi Launches Rs. 100 Lakh Crore Gati Shakti National Master Plan For Infrastructure | Daily Current Affairs 2021
onwin giriş

Prime Minister Narendra Modi Launches Rs. 100 Lakh Crore Gati Shakti National Master Plan For Infrastructure

Posted by
Subscribe for News Feed
Gati Shakti National Master Plan

Gati Shakti National Master Plan: Prime Minister Narendra Modi recently launched a Rs 100 lakh crore national master plan called “Gati Shakti National Master Plan”.

Key Points:

Gati Shakti is a digital platform collaborating sixteen Central Ministries and Departments for integrated planning and coordination to implement infrastructure connectivity projects of more than 1,200 industrial clusters.

  • Gati Shakti National Master Plan was launched for multi-modal connectivity that aims to develop infrastructure to reduce logistic costs and boost the economy.
  • PM Gati Shakti seeks to cut logistic costs, reduce turnaround time and increase cargo handling capacity.

Aim:

  • The main aim of the plan is to lend more power and speed to projects by connecting all the concerned departments on one platform.
  • Under the plan, infrastructure schemes of several ministries and state governments will be executed and designed with a common vision.
  • It also aims to reduce logistic cost and turnaround time in the light that, earlier high logistics cost at 13% of GDP in India was impacting its competitiveness in exports.
  • The plan will also give a boost to India as an “investment destination”.
  • The private players will not only get a boost to invest in National infrastructure because of easy clearances and monetary help available to them but will also provide last-mile connectivity to the economic zones in a limited timeframe.

Purpose:

  • The main purpose of launching this plan was that in the past, taxpayers’ money was insulted through a lethargic approach towards development work.
  • Departments were working in silos. Furthermore, there was no coordination on projects.
  • So that is why this plan was launched.
    • Under this plan development will take place incorporating quality infrastructure in a holistic manner.

Focus areas of the plan:

  • Gati shakti plan joins different departments for a coordinated development of projects including from aviation to agriculture and road to railways. 
  • It will help raise the global profile of local manufacturers and help them compete with their counterparts worldwide.
  • It also seeks to also raise possibilities of new future economic zones.

Subscribe for News Feed