PM Gati Shakti Multimodal Waterways Summit to be held in Varanasi

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PM Gati Shakti Multimodal Waterways

Union Minister Sarbananda Sonowal will inaugurate the PM Gati Shakti Multimodal Waterways Summit in Varanasi on November 11.

Important facts

  • Sonowal will also inaugurate community ghats on National Waterway-1 (Ganga River) at Ravidas Ghat.

  • The Waterways Authority of India (IWAI), under the aegis of the Ministry of Ports, Shipping and Waterways, Government of India, is organising the 'PM Gati Shakti Multimodal Waterways Summit' on November 11-12, 2022.

  • The summit will provide a networking platform for key stakeholders from the central government, state governments, industry and think tanks to share and discuss the National Master Plan.

About PM Gati Shakti Master Plan 

  • In October 2021, the government announced the PM Gati Shakti programme.

  • It will bring 16 Ministries together for integrated planning and implementation of infrastructure connectivity projects.

  • It is multi-modal connectivity and will help in improving global competitiveness, boost manufacturing and modernise infrastructure in the country.

  • Its targets are to cut logistic costs, increase cargo handling capacity and reduce the turnaround time.

  • Economic zones like Textile Clusters, Pharmaceutical Clusters, Defence Corridor, Electronic Park, Industrial Corridor, Fishing Clusters, Agri Zone will be covered under this program to improve connectivity.

Significance

  • It will give a boost to the overall infrastructure of the country.

  • It will strive to build next generation infrastructure that improves ease of living as well as ease of doing business.

  • It will provide integrated and seamless connectivity for movement of people, goods and services as a mode of transport.

  • It will create many employment opportunities and boost the economy.

  • It will improve the global competitiveness of local products by cutting logistics costs and improving the supply chain.


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