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Gati Shakti to lay foundation for economic growth: Modi

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For the first time since independence in 1947 India gets a Master Plan for infrastructure development in the whole country. 

All federal government ministries are pulled together under one roof. Ministries will coordinate their plans for infrastructure development.

Specific investments, specific delivery times, real time monitoring will be done through digital technologies under a single master plan. Railways, highways and roads, waterways transport, energy, telecom broadband and other modal connectivity will now be done in one plan with all federal and state ministries pulled into the master plan.

This will produce network effects with today's digital technologies as this has never been tried before in the world. Logistics costs of 14% of product cost will be cut by 6% to 8% under the new logistics frameworks set through this plan and the investments to be made of 100,000 crore rupees. This will boost exports and manufacturing as the new supply chains restructured after the pandemic attract foreign investment to India.

For this Indian industry, universities, and federal plus state governments have to act in a coordinated way under a single plan, which will happed for the first time under Gati Shakti.

 



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