PM Gati Shakti to help achieve India's aim of USD 5 Trillion economy
Minister of State for Commerce and Industry Som Prakash has said that PM Gati Shakti National Master Plan will help in achieving India's goal of a five trillion dollar economy.
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.
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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