PM Gati Shakti: ‘A Game-Changer in accelerating India’s industrial growth’

Prime Minister Shri Narendra Modi unveiled the PM Gati Shakti Master Plan in October 2021, a Rs 100 lakh crore mega project which seeks to bring everyone together on the same shared digital platform.

Any growth of a country/state, or any other location, is marked by infrastructure. It’s no surprise that infrastructure improvements is a requirement for large-scale economic growth. Said that, given present era, one of the most important aspects of effective building infrastructure is ensuring that products and people may travel and change between forms of transport smoothly and effortlessly. This necessitates a well-coordinated and integrated strategy, with highways feeding into railway tracks, which might then connect to ports and other destinations.

Its importance of multifunctional connectivity and multimodal transportation networks — having which guarantees that goods and services reach the last-mile – is essentially what we’re pointing to and emphasising here. 

  • Furthermore, a country’s industrial progress does not occur in silos or in a disconnected fashion. Creating an efficient nationwide multimodal network in which various Government departments work in close coordination to accelerate industrial growth and make doing business easier in India may have seemed like a distant dream in the old days, however with the unveiling of PM Gati Shakti, it may shortly become a real thing!
  • Railways, Roads and Highways, Energy, Telecommunications, Transport and Aviation, and other Central ministries and departments plan and implement numerous infrastructure operations. Primarily, Gati Shakti is a state-of-the-art digitally transformed technology that supports technologies to create infrastructure-related information available to everyone at different levels — central, state, urban civic bodies, and even panchayats — allowing for the simplification, efficiency, and, most importantly, speeding up the implementation of countless projects.
  • PM Gati Shakti Yojana will not only give a significant uplift to the nation’s transport and logistics sectors and manufacturing corridors by enabling streamlined multimodal interconnection as well as enhanced intra-governmental coordination through dynamic, real-time collaboration among different agencies or departments, but will also, in the near future, be bound to create employment opportunities and companies, reduce cycle time radically, Increase accountability and transparency inside the ecosystem in terms of project implementation, and in the long term, it also has the potential to improve India’s manufacturing competitive and the rate of total industrial and GDP growth in the years ahead.
  • Comprehensive approach to network infrastructure is more important than ever, as we’ve already arrived at a point when technology is no longer viewed as a conventional circuit of separate resources, but rather as a vast linked system. Yet, in regard to keeping the country on track with this paradigm change in building infrastructure, the Gati Shakti Master Plan’s praiseworthy and timely goal of supporting “Complementary and alternative Infrastructure Growth” has certainly the right move.

Final Thoughts

We are confident that the Gati Shakti Yojana would not only promote architectural and commercial growth in India, but will also contribute to the nation’s general wealth creation. Without the need for a sure, it is a defining moment in India’s advanced growth in the economy, and we’re looking forward to watching the future unfold as India achieves its incredible potential growth by utilizing ‘Gati’ (Speed) and ‘Shakti’ (Power) concurrently and intelligently.

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

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