Published: 23rd Aug, 2021
Context
On India’s 75th Independence Day, ‘PM Gati Shakti Master Plan’, was launched, with a Rs. 100 lakh-crore project for developing ‘holistic infrastructure’.
What is the Gati Shakti Master Plan?
- PM Gati Shakti Plan is a national infrastructure master plan.
- Aim: To make a foundation for holistic infrastructure and give an integrated pathway to the economy.
Focus area of the project:
- Employment opportunity: To act as a source of employment opportunities for the youth in future.
- Leveling up local manufacturers: To help raise the global profile of local manufacturers and help them compete with their counterparts worldwide.
- Economic zones: To raise possibilities of new future economic zones.
- Infrastructure development: Infrastructure development has the ability to create a multiplier effect with every rupee invested, yielding much higher returns.
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