PM Gatishakti Initiative for Inclusive Growth
- February 2, 2022
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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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.