+
PM Gati Shakti to rely heavily on public-private partnerships
ECONOMY & POLICY

PM Gati Shakti to rely heavily on public-private partnerships

Minister of State for Finance Pankaj Chaudhary told the media that public-private partnerships (PPPs) would be a key driver of the ambitious Rs 100 lakh crore PM Gati Shakti initiative.

The goal of this national master plan for multi-modal connectivity is to develop infrastructure that will lower logistic costs and boost the economy.

Last year, the Prime Minister Gati Shakti-National Master Plan was announced, with the goal of breaking down departmental silos and bringing in more holistic and integrated planning and execution of projects to address multi-modal and last-mile connectivity issues.

Observing that public-private partnerships have boosted growth, Chaudhary told the media that various infrastructure projects have been completed through PPP.

PM Gati Shakti is focusing on several projects, including roads, railways, and civil aviation, according to Chaudhary, who added that this ambitious project would be realised through a public-private partnership.

According to Chaudhary, public procurement plays an important role in the operation of various physical infrastructures such as schools and hospitals.

Given that public procurement accounts for roughly 30% of the Indian economy, increasing efficiency is critical, he said at the All India Management Association’s (AIMA) 7th Global Procurement Summit. To improve efficiency, the government has taken several steps including the creation of the Government e-Marketplace (GeM).

Chaudhary also said that the government is promoting Make in India by favouring domestic companies to create jobs in the country.

Chaudhary told the media that the global procurement has been harmed as a result of the Covid-19 pandemic outbreak and that the government has taken steps to address the situation.

Image Source

Also read: PM Gati Shakti to help in developing modern infra in India: Modi

Minister of State for Finance Pankaj Chaudhary told the media that public-private partnerships (PPPs) would be a key driver of the ambitious Rs 100 lakh crore PM Gati Shakti initiative. The goal of this national master plan for multi-modal connectivity is to develop infrastructure that will lower logistic costs and boost the economy. Last year, the Prime Minister Gati Shakti-National Master Plan was announced, with the goal of breaking down departmental silos and bringing in more holistic and integrated planning and execution of projects to address multi-modal and last-mile connectivity issues. Observing that public-private partnerships have boosted growth, Chaudhary told the media that various infrastructure projects have been completed through PPP. PM Gati Shakti is focusing on several projects, including roads, railways, and civil aviation, according to Chaudhary, who added that this ambitious project would be realised through a public-private partnership. According to Chaudhary, public procurement plays an important role in the operation of various physical infrastructures such as schools and hospitals. Given that public procurement accounts for roughly 30% of the Indian economy, increasing efficiency is critical, he said at the All India Management Association’s (AIMA) 7th Global Procurement Summit. To improve efficiency, the government has taken several steps including the creation of the Government e-Marketplace (GeM). Chaudhary also said that the government is promoting Make in India by favouring domestic companies to create jobs in the country. Chaudhary told the media that the global procurement has been harmed as a result of the Covid-19 pandemic outbreak and that the government has taken steps to address the situation. Image Source Also read: PM Gati Shakti to help in developing modern infra in India: Modi

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code