Gati Shakti to be a game changer for India

The expansion of infrastructure is a key facilitator for reaching a $20 trillion GDP by 2040. As we approach what Prime Minister Narendra Modi called the Amrit Kaal, a number of structural reforms announced have laid the groundwork for higher economic growth supported by infrastructure development. By introducing the PM Gati Shakti National Master Plan (NMP) in October 2021, a step in the right direction was taken last year. A digital platform was introduced with the 100 lakh crore mega plan to bring 16 ministries together for coordinated project planning and execution. With regard to the world's energy infrastructure, PM Modi has shown leadership by committing to installing 500 GW of non-fossil fuel-based electrical capacity by 2030. We also require a sufficient power transmission network to move power from the RE rich zone to the consumption centres in order to support the country's push for the deployment of renewable energy. These transmission projects, whose construction would typically take three to four years, must be finished in just 18 months in order to meet project deadlines. For such power transmission projects, where route planning and locating the necessary permits and approvals by the transmission project developers can take up more than two thirds of the time, the PM Gati Shakti National Master Plan (NMP) portal can be a game-changer. Also Read: PM to inaugurate projects worth Rs 168.35 bn in JharkhandPM Modi to inaugurate railway projects worth over 160 bn