PM Gati Shakti National Master Plan is a transformative approach for economic growth and sustainable development.PM Gati Shakti Will Speed-up The Seven Engines For Sustainable
Finance minister Nirmala Sitharaman on 1 February 2022 said the PM Gati Shakti National Master Plan is a transformative approach for economic growth and sustainable development and is driven by seven engines - roads, railways, airports, ports, mass transport, waterways and logistics infrastructure. All seven engines will pull forward the economy in unison, she said while presenting the Budget for 2022-23.
These engines are supported by the complementary roles of energy transmission, IT communication, bulk water and sewerage and social infrastructure. The approach is powered by clean energy and Sabka Prayas, leading to huge job and entrepreneurial opportunities especially for youth.
- PM Gati Shakti National Master Plan will encompass seven engines for economic transformation, seamless multimodal connectivity and logistics efficiency.
- It will also include infrastructure developed by state governments. The four core areas will be - planning; financing, including through innovative ways; use of technology; and speedier implementation.
- The projects of these seven engines in the national infrastructure pipeline will be associated with the PM GatiShakti framework.
- It will be the world-class modern infrastructure and logistics synergy among different modes of movement and location of projects. This will raise productivity and accelerate economic growth and development.
- The PM Gati Shakti Master Plan for Expressways will be formulated in 2022-23 to facilitate the faster movement of people and goods.
- The National highways network will be expanded by 25,000 km in 2022-23.
- Rs 20,000 crore will be mobilised through innovative ways of financing to complement the public resources. The data exchange among all mode operators will be brought on the Unified Logistics Interface Platform (ULIP), designed for application programming interface for efficient movement of goods through different modes, reducing logistics cost and time.
- Open-source mobility stack, for organising seamless travel of passengers, will also be facilitated.
- Contracts for the implementation of multimodal logistics parks at four locations through the PPP mode will be awarded in 2022-23.
- Railways will develop new products and efficient logistics services for small farmers and small and medium enterprises. It will also take the lead in the integration of postal and railways networks for the movement of parcels.