Site icon

PM Gati Shakti: India’s Integrated Infrastructure Connectivity Plan for Economic Growth

PM Gati Shakti: India’s Integrated Infrastructure Connectivity Plan for Economic Growth

PM Gati Shakti: India’s Integrated Infrastructure Connectivity Plan for Economic Growth

The Indian government aims to include social sector ministries in the National Monetisation Pipeline (NMP) platform to boost socio-economic development. Sumita Dawra, the Special Secretary of the Logistics Division, DPIIT, emphasized the benefits of using the NMP for social sector planning during a meeting on PM Gati Shakti’s NMP adoption.

What is PM Gati Shakti?

Objectives of the Scheme

The scheme has set ambitious targets for the development of transportation infrastructure in the country. The government plans to invest Rs. 100 lakh crore (approximately USD 1.3 trillion) in the transportation sector over the next five years. The scheme aims to develop new infrastructure projects, modernize and expand existing ones, and leverage new technologies to enhance efficiency and reduce costs.

Targets of the Scheme

Need for the Scheme

FAQs

What is PM Gati Shakti Yojana for?

PM Gati Shakti Yojana is an initiative by the Indian government to integrate and streamline the planning and execution of infrastructure connectivity projects across different sectors and ministries in the country. The scheme aims to address long-standing issues such as disjointed planning, lack of standardization, clearance problems, and timely creation and utilization of infrastructure capacities.

When was PM Gati Shakti launched?

The PM Gati Shakti initiative was launched by Prime Minister Narendra Modi on October 13, 2021, during a virtual event.

Author

  • Shubham Mittal is a renowned current affairs writer and expert in government exam preparation, inspiring readers with insightful articles and guiding aspirants with his expertise.

Exit mobile version