PM Gatishakti Initiative for Inclusive Growth

  • February 2, 2022
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
No Comments

 

 

PM Gatishakti Initiative for Inclusive Growth

TOPIC: Economy

Context- Budget 2022-23 launched PM Gatishakti Initiative to boost infrastructure and logistics sector.

Concept-

  • The National Master Plan aims to massively upgrade India’s infrastructure;
  • This will not just support near-term growth but will enhance the competitiveness of the Indian industry.
  • The seven engines that drive PM GatiShakti are:
    • Roads,
    • Railways,
    • Airports,
    • Ports,
    • Mass Transport,
    • Waterways
    • Logistics Infrastructure.
  • The scope of PM GatiShakti National Master Plan will encompass the seven engines for economic transformation, seamless multimodal connectivity and logistics efficiency.

Road Transport

  • National Highways Network to be expanded by 25000 Km in 2022-23.
  • Rs 20000 Crore to be mobilized for National Highways Network expansion.

Multimodal Logistics Parks

  • Contracts to be awarded through PPP mode in 2022-23 for implementation of Multimodal Logistics Parks at four locations.

Railways

  • One Station One Product concept to help local businesses & supply chains.
  • 2000 Km of railway network to be brought under Kavach, the indigenous world class technology and capacity augmentation in 2022-23.
  • 400 new generation Vande Bharat Trains to be manufactured during the next three years.
  • 100 PM GatiShakti Cargo terminals for multimodal logistics to be developed during the next three years.

Parvatmala

  • National Ropeways Development Program, Parvatmala to be taken up on PPP mode.
  • Contracts to be awarded in 2022-23 for 8 ropeway projects of 60 Km length.
economy PM Gatishakti Initiative for Inclusive Growth