PM Gati Shakti National Master Plan to enable logistics efficiency

Prime Minister Gati Shakti National Master Plan (PMNMP) indicates the first initiative in the path to enable efficient coordination and monitoring, integrated infrastructure planning, and reduce time along with cost overruns in the project execution. The PM Narendra Modi had highlighted the capital expenditure (capex) increased from Rs 2.5 lakh crore in 2013-14 to Rs 7.5 lakh crore in 2022-23 by the central government. The government has further increased its investment in infrastructure sectors like Railways, Waterways, National Highways, Civil Aviation, Gas Grid, Optical Fiber, and Renewable Energy. The Prime Minister had emphasised that the state governments have been awarded Rs one Lakh crore in the FY 2022-23 for the infrastructure development within the PM GatiShakti. The Prime Minister also stated that the logistics cost in India needs to be reduced from the current situation showcasing 13 - 14% of gross domestic product (GDP). This requires coordinated action among the government and private sector. He provided assurance to the stakeholders of their suggestions being given due consideration by the government in policy making. The breakout session based on the theme “Enablers for Logistics Efficiency” had been organised and moderated by the Ministry of Road Transports and Highways (MoRTH), Ministry of Railway, and Ministry of Ports, Shipping, and Waterways. The Prime Minister in his special address stressed on the significance of integrated planning as well as breaking of silos in several stakeholders which include the State Governments, Central Government Ministries, and Private sector for optimisation of resource deployment. Image SourceAlso read: MoRTH makes significant progress under PM Gati Shakti NMP