{"id":141180,"date":"2021-10-14T19:02:14","date_gmt":"2021-10-14T13:32:14","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=141180"},"modified":"2021-10-20T14:34:20","modified_gmt":"2021-10-20T09:04:20","slug":"pm-launches-gati-shakti-national-master-plan-for-infrastructure-development","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/pm-launches-gati-shakti-national-master-plan-for-infrastructure-development\/","title":{"rendered":"PM launches Gati Shakti- National Master Plan for infrastructure development"},"content":{"rendered":"\n
What is the news?<\/h5>\n

Prime Minister has launched the Gati Shakti \u2013 National Master Plan for Multi-modal Connectivity. The Gati Shakti scheme will subsume the Rs 110 lakh crore National Infrastructure Pipeline<\/a> that was launched in 2019.<\/p>\n\n\n\n
Read more<\/strong>: \u2018Gati Shakti\u2019 master plan to give Rs 100-trillion infrastructure boost<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
What is PM Gati Shakti?<\/h5>\n

Gati Shakti is a digital platform. It will bring 16 Ministries including Railways and Roadways together for integrated planning and coordinated implementation of infrastructure connectivity projects.<\/p>\n

\"National
Source: PIB<\/figcaption><\/figure>\n

Aim<\/strong>: PM Gati Shakti aims to institutionalize holistic planning for major infrastructure projects. The projects will be designed and executed with a common vision and will incorporate the infrastructure schemes of various ministries and state governments such as the Bharatmala road project, Sagarmala waterways plan, ports and the UDAN scheme.<\/p>\n

There will be immense clarity on how different regions and industrial hubs in the country are linked, particularly for last-mile connectivity. The scheme will help India realise its dream of becoming the \u201cbusiness capital\u201d of the world.<\/p>\n

Coverage<\/strong>: Economic Zones like textile clusters, pharmaceutical clusters, defence corridors, electronic parks, industrial corridors, agri zones will be covered to improve connectivity & make Indian businesses more competitive.<\/p>\n

It will also leverage technology extensively<\/strong>, including spatial planning tools with ISRO’s satellite imagery. This will be used for real-time monitoring of projects.<\/p>\n

The National Master plan would also keep entrepreneurs and investors informed about the status of infrastructure projects and help state governments give time-bound commitments to investors.<\/p>\n

What is the need for PM Gati Shakti?<\/h5>\n

Fulfils government future targets<\/strong>: PM Gati Shakti would address the problem of government departments and Ministries working in silos. There is a wide gap between macro planning and micro implementation, problems of lack of coordination in infra projects and lack of advanced information. This hampers the construction and wastage of the budget.<\/p>\n

PM Gati Shakti National Master Plan will address this, as working on the basis of the master plan will lead to optimum utilization of resources<\/strong>. This will help in increasing the speed of infrastructure development in India.<\/p>\n

It is globally accepted that the creation of quality infrastructure<\/strong> for sustainable development is a proven way, which gives rise to many economic activities and creates employment on a large scale. The master plan will help in creating such quality infrastructure.<\/p>\n

If the multiplier effect of infrastructure investments<\/strong> on gross domestic product (GDP) is to be maximized within a short time frame, it is critical that specific infrastructure projects which form part of critical trade routes be prioritized. The Gati shakti plan will prioritize that.<\/p>\n

Solve issues in logistics<\/strong>: According to a study, the logistical cost in India is about 13% of GDP. Such a situation does not exist in developed countries.\u00a0Besides cutting logistics costs, the plan is also aimed at increasing cargo handling capacity and reducing the turnaround time at ports to boost trade.<\/p>\n

Source<\/strong>: This post is based on the following articles<\/p>\n