Cabinet Approves GatiShakti National Master Plan
Prime Minister's pet project GatiShakti National Master Plan (NMP) was on Thursday approved by the Cabinet Committee on Economic Affairs (CCEA)
The PM GatiShakti NMP will be monitored through a three-tier system and will be presided over by an empowered group of secretaries (EGoS), headed by the Cabinet Secretary.
The empowered group will consist of secretaries of 18 ministries while the head of logistics division will be the member convenor.
The approval from the cabinet will set the implementation of PM GatiShakti NMP in motion.
A multimodal network planning group will be constituted with representation from the heads of network planning division from various ministries and departments. It will be supported by a technical support unit, located in the logistics division of the Commerce Ministry.
The technical support unit will have domain experts from various infrastructure sectors like aviation, maritime, public transport, railways, roads and highways and ports among others.
Official sources said that GatiShakti will be a game changer in inter-ministerial and inter-departmental cooperation in infrastructure planning.
They claim that the programme will signal a “paradigm shift” in the approach towards development planning.
It is aimed at ensuring maximum usage of resources and capacities, enhancing efficiency and reducing wastage.
PM GatiShakti NMP for multi-modal connectivity was launched by the government on October 13, 2021.
EGoS will set out the procedure and definitive framework for synchronisation of various activities and ensure that various initiatives of infrastructure development are part of the common integrated digital platform. It will also look at the interventions required to meet the demand side, in efficiently transporting bulk goods on the requirement of various infrastructure ministries like steel, coal, fertiliser, petroleum as well as mines.
The PM GatiShakti NMP is intended to break departmental silos and bring in more holistic and integrated planning and execution of projects with a view to address the issues of multi modal connectivity and last mile connectivity. This will help in bringing down the logistics cost and translate into enormous economic gains to consumers, farmers, youth as well as those engaged in businesses.
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
-
You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
-
Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
-
FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.
-
Everything, Everywhere, All At Once: Dalal Street's Week To Forget | Joining The Dots
Visa curbs, a Starlink spat and cancer drug caps: what connects this week's shocks for Indian markets
-
India Is Going Abroad For Critical Minerals. But It May Take Years To Pay Off | The Reason Why
Although India's steps are in the right direction, they remain modest compared with India's growing dependence.
-
When Everyone Has AI, What Gives You An Edge?
India's young workforce is entering an uncertain world of work where powerful AI tools are becoming widely accessible. The advantage will belong to those who combine deep expertise with digital fluency, and the distinctly human capabilities that technology cannot manufacture.
-
Wrong Labels, High Pesticide Residues Holding Back Agri Exports | The Reason Why
India needs stronger domestic food-safety and labelling standards, with best practices becoming part of everyday business for farmers, traders and food companies.
