“PM Gati Shakti NMP would find a place in history as a powerful intervention that spurred rapid growth and development in the country.” – Shri Piyush Goyal
OBJECTIVES:
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- Integrated planning and coordinated implementation of infrastructure connectivity projects.
- Multi-modal seamless connectivity for movement of people, goods and services, facilitating last mile connectivity.
- Filling critical infrastructure gaps to improve supply chains, thus reducing logistics cost.
- Developing world class infrastructure and making India the business capital of world by enhancing linkages between local producers and consumers.
PILLARS:
It is based on six pillars-
1. Comprehensiveness: Integrating all existing/planned initiatives of various ministries.
2. Prioritization: Enabling different Departments to prioritize their projects through cross-sectoral interactions.
3. Optimization: assist different ministries in planning for modification/expansion/new projects after identification of critical gaps.
4. Synchronization: providing visibility and coordination in planning and implementation of projects of individual departments/ministries.
5. Analytical: Providing the entire data at one place with GIS based spatial planning and analytical tools.
6. Dynamic: Helping in identifying the vital interventions for enhancing and updating the master plan.
FEATURES:
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- It is a digital platform to bring 16 Ministries including Railways and Roadways together for integrated planning and coordinated implementation of infrastructure connectivity projects.
- It adopts a ‘whole of the government approach’ and ‘cooperative federalism’ to transform India’s infrastructural landscape.
- A monitoring group is established under DPIIT to:
- Ensure project progress.
- Oversee key projects.
- Report inter-ministerial issues.
- It will subsume 110 lakh crore National Infrastructure Pipeline (NIP) for 2020-2025.
- It is based on 6 principles-
- Integrated development
- Multi-modal infrastructure
- Last mile connectivity
- Reduced ecological impact.
- Expedited land acquisition.
- Minimized clearances.
TARGETS/ INITIATIVES:
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- 100 critical infrastructure gap projects have been prioritized in FY 2024 for development with a budgetary allocation of Rs. 75000 crores.
- Development of 11 industrial corridors and two new defence corridors.
- To achieve a turnover of 1.7 lakh crore in defence production.
- Development of around 38 electronics manufacturing clusters and 109 pharma clusters.
- Increase the total cargo handled at Indian ports to 1759 MTPA.
- Addition of over 200 airports, helipads, and water aerodomes.
- Extend 4G connectivity to all villages.
- Adding 17000km to gas pipeline network
- To manufacture 400 Vande Bharat trains and build 100 PM Gati Shakti Cargo Terminals.
- Construction of three new major economic railway corridors proposed in interim budget. These are (1) energy, mineral and cement corridors, (2) port connectivity corridors, and (3) high traffic density corridors.
SIGNIFICANCE/BENEFITS:
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- It avoids disputes as thorny issues are resolved in time which prevents unnecessary litigation. Thus, promoting cooperative federalism in infrastructure development.
- The integrated transport connectivity strategy will support ‘make in India’
- Promoting ease of logistics across states, thus reducing the logistics cost.
- Provides a comprehensive database of the trunk & utility infrastructure, ongoing & future projects of various Infra structure and Economic Ministries/Departments of Central Government and States/Uts.
- It will boost economic growth, attract foreign investments while de-risking investments by visualizing the connectivity, and enhance the country’s global competitiveness in export markets.
- It fills the last-mile connectivity gaps ensuring seamless movement of people, goods &services.
- Infrastructure spending has a multiplier effect on the economy.
- It reduces time and cost needed to get approvals from various ministries and departments. It speeds up approvals for projects.
- It looks at infrastructure building as a complete and holistic matter, avoiding a piecemeal approach.
CONCERNS:
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- Lack of private demand and investment in the post-covid scenario.
- structural problems in land acquisition and litigation issues
- Low rate of project implementation compared to global standards.
- Declining credit off-take trends.
WAY FORWARD:
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- Attract private investment by incentivization along with robust PPP policy.
- Establish a stable and predictable regulatory and institutional framework.
- Learn from international best practices to match the global standards.