PM Gati Shakti: 6 Projects worth Rs 520 bn recommended
ECONOMY & POLICY

PM Gati Shakti: 6 Projects worth Rs 520 bn recommended

Up to six infrastructure projects, encompassing roads and railways and valued at Rs 520 billion, have been recommended for approval under the PM Gati Shakti initiative. According to the statement, this brings the total number of projects evaluated by the NPG to 112, with a cumulative worth of approximately Rs 11.53 trillion since the launch of PM Gati Shakti. These six projects were scrutinised during the 56th Network Planning Group (NPG) meeting on September 27. The commerce and industry ministry announced, "In the Group meeting under PM Gati Shakti, six project proposals, comprising four projects from the Ministry of Road Transport and Highways and two projects from the Ministry of Railways, with a combined project cost of around Rs 520 billion, were evaluated." The inter-ministerial NPG convenes every fortnight to evaluate infrastructure projects, ensuring a multi-modal approach, synchronization of efforts, and comprehensive development in the project vicinity. The PM Gati Shakti initiative was initiated to establish an integrated infrastructure system to reduce logistics costs. All logistics and connectivity infrastructure projects requiring investments over Rs 5 billion are routed through the NPG. Approval from the NPG is mandatory before the project can be cleared by the Public Investment Board (PIB) or the Department of Expenditure under the finance ministry. Most of the projects approved by the group pertain to roads, railways, and urban development. The National Master Plan (NMP) incorporates various layers of geospatial data, consolidating all physical and social infrastructure and land records in one location. It was designed to facilitate faster planning and enhanced design to maximise the impact of investments. The NPG includes representatives from different connectivity infrastructure ministries and departments, with their heads of network planning division participating to facilitate unified planning and integration of proposals. These departments are required to seek approval from the NPG before creating a Detailed Project Report (DPR) during the planning phase. Following clearance from the NPG, the project undergoes the standard approval process by the finance ministry and the Cabinet. The portal provides access to over 1,400 layers of data, encompassing information related to land, ports, forests, and highways.

Up to six infrastructure projects, encompassing roads and railways and valued at Rs 520 billion, have been recommended for approval under the PM Gati Shakti initiative. According to the statement, this brings the total number of projects evaluated by the NPG to 112, with a cumulative worth of approximately Rs 11.53 trillion since the launch of PM Gati Shakti. These six projects were scrutinised during the 56th Network Planning Group (NPG) meeting on September 27. The commerce and industry ministry announced, In the Group meeting under PM Gati Shakti, six project proposals, comprising four projects from the Ministry of Road Transport and Highways and two projects from the Ministry of Railways, with a combined project cost of around Rs 520 billion, were evaluated. The inter-ministerial NPG convenes every fortnight to evaluate infrastructure projects, ensuring a multi-modal approach, synchronization of efforts, and comprehensive development in the project vicinity. The PM Gati Shakti initiative was initiated to establish an integrated infrastructure system to reduce logistics costs. All logistics and connectivity infrastructure projects requiring investments over Rs 5 billion are routed through the NPG. Approval from the NPG is mandatory before the project can be cleared by the Public Investment Board (PIB) or the Department of Expenditure under the finance ministry. Most of the projects approved by the group pertain to roads, railways, and urban development. The National Master Plan (NMP) incorporates various layers of geospatial data, consolidating all physical and social infrastructure and land records in one location. It was designed to facilitate faster planning and enhanced design to maximise the impact of investments. The NPG includes representatives from different connectivity infrastructure ministries and departments, with their heads of network planning division participating to facilitate unified planning and integration of proposals. These departments are required to seek approval from the NPG before creating a Detailed Project Report (DPR) during the planning phase. Following clearance from the NPG, the project undergoes the standard approval process by the finance ministry and the Cabinet. The portal provides access to over 1,400 layers of data, encompassing information related to land, ports, forests, and highways.

Next Story
Infrastructure Urban

MoHUA Plans New Role for Smart City SPVs

In a significant policy move, the Ministry of Housing and Urban Affairs (MoHUA) has issued an advisory encouraging the continued use and repurposing of Special Purpose Vehicles (SPVs) formed under the Smart Cities Mission (SCM). This marks a step toward sustaining urban transformation by leveraging institutional capabilities and infrastructure developed over the past decade.Initiated in 2015, the Smart Cities Mission introduced a new era of urban planning in India, with each of the 100 selected cities forming SPVs under the Companies Act, 2013. These entities, jointly owned by state government..

Next Story
Infrastructure Urban

ADB Approves $110 Million Loan to Boost Skills in Gujarat

The Asian Development Bank (ADB) has approved a USD 109.97 million (Rs 9.27 billion) results-based loan to support Gujarat’s efforts to become a global industrial hub by developing a future-ready, skilled workforce.The funding will back the Gujarat skills development programme, led by the Department of Labour, Skill Development and Employment in collaboration with Kaushalya: The Skill University (KSU). The initiative aims to equip the workforce with advanced, industry-aligned skills to meet rising employment demand in high-growth sectors.According to ADB, the programme seeks to strengthen in..

Next Story
Infrastructure Urban

SDAL Tests Rudrastra UAV and Bhargavastra Defence System

Solar Defence and Aerospace Limited (SDAL) has successfully completed a key flight test of its indigenous Hybrid VTOL UAV Rudrastra at the Pokharan Firing Range, aligning with Indian Army performance benchmarks for mission adaptability, high endurance, precision engagement, and vertical take-off and landing (VTOL) capability.The trial marks a notable achievement in India’s Aatmanirbhar Bharat initiative, underscoring advancements in home-grown military technology. The Rudrastra UAV demonstrated a mission radius exceeding 50 km with uninterrupted video relay, a total operational range of over..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?