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14th October 2024 (13 Topics)

PM Gati Shakti Initiative

Context

The 'PM Gati Shakti' initiative has completed three years. 

About

  • Launched in: 2021
  • The PM GatiShakti initiative was launched to transform India's infrastructure landscape by enhancing multi-modal connectivity and promoting integrated infrastructure development.
  • It aims to streamline logistics costs and boost investments across various sectors, which is vital for the country's economic growth and efficiency.
  • The initiative leverages advanced geospatial data to create a National Master Plan (NMP), enabling efficient project planning and execution.
  • Current Status of Progress
  • Large-Scale Projects Identified: The initiative has identified 208 infrastructure projects valued at Rs 15.39 lakh crore, focusing on critical sectors such as roads, railways, urban development, and oil and gas. This includes 101 projects for road development and 73 for railway infrastructure.
  • Network Planning Group (NPG) Oversight: The NPG, an inter-ministerial body, evaluates these projects every two weeks to ensure transparency and rigorous scrutiny. Projects exceeding Rs 500 crore undergo a thorough review before reaching the Public Investment Board for final approval.
  • International Interest and Expansion Plans: The initiative has attracted international attention, with countries like Nepal and Sri Lanka expressing interest in adopting the GatiShakti model. Plans to expand the initiative to the district level within the next two months aim to ensure local economies benefit from integrated infrastructure development.
  • Key Challenges: Complex integration of land records, bureaucratic hurdles.

Verifying, please be patient.

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