PM Gati Shakti Yojana in Union Budget 2024-2025
On 1 February 2024, Finance Minister presented Union Budget 2024-25 in which she said that 3 major economic railway corridor programmes will be implemented. These are:- energy, mineral and cement corridors,
- port connectivity corridors, and
- high traffic density corridors.
She also said "The resultant decongestion of the high-traffic corridors will also help in improving operations of passenger trains, resulting in safety and higher travel speed for passengers. Together with dedicated freight corridors, these three economic corridor programmes will accelerate our GDP growth and reduce logistic costs".
Even Forty thousand normal rail bogies will be converted to the Vande Bharat standards to enhance safety, convenience and comfort of passengers.
About PM Gatishakti Yojana
PM GatiShakti is a transformative approach for economic growth and sustainable development. The approach is driven by seven engines namely:-- Roads,
- Railways,
- Airports,
- Ports,
- Mass Transport,
- Waterways, and
- Logistics Infrastructure.
All seven engines will pull forward the economy in unison. These engines are supported by the complementary roles of Energy Transmission, IT Communication, Bulk Water & Sewerage, and Social Infrastructure. Finally, the approach is powered by Clean Energy and Sabka Prayas - the efforts of the Central Government, the state governments, and the private sector together - leading to huge job and entrepreneurial opportunities for all, especially the youth.
The projects pertaining to these 7 engines in the National Infrastructure Pipeline will be aligned with PM GatiShakti framework. The touchstone of the Master Plan will be world-class modern infrastructure and logistics synergy among different modes of movement - both of people and goods - and location of projects. This will help raise productivity, and accelerate economic growth and development.
PM GatiShakti National Master Plan
The scope of PM GatiShakti National Master Plan will encompass the seven engines for economic transformation, seamless multimodal connectivity and logistics efficiency. It will also include the infrastructure developed by the state governments as per the GatiShakti Master Plan. The focus will be on planning, financing including through innovative ways, use of technology, and speedier implementation.The projects pertaining to these 7 engines in the National Infrastructure Pipeline will be aligned with PM GatiShakti framework. The touchstone of the Master Plan will be world-class modern infrastructure and logistics synergy among different modes of movement - both of people and goods - and location of projects. This will help raise productivity, and accelerate economic growth and development.
Road Transport
PM GatiShakti Master Plan for Expressways will be formulated in 2024-2025 to facilitate faster movement of people and goods. The National Highways network will be expanded and Rs. 20,000 crore will be mobilized through innovative ways of financing to complement the public resources.Seamless Multimodal Movement of Goods and People
The data exchange among all mode operators will be brought on Unified Logistics Interface Platform (ULIP), designed for Application Programming Interface (API). This will provide for efficient movement of goods through different modes, reducing logistics cost and time, assisting just-in-time inventory management, and in eliminating tedious documentation. Most importantly, this will provide real time information to all stakeholders, and improve international competitiveness. Open-source mobility stack, for organizing seamless travel of passengers will also be facilitated.Multimodal Logistics Parks
Contracts for implementation of Multimodal Logistics Parks at four locations through PPP mode will be awarded.Railways
- Railways will develop new products and efficient logistics services for small farmers and Small and Medium Enterprises, besides taking the lead in integration of Postal and Railways networks to provide seamless solutions for movement of parcels.
- "One Station-One Product" concept will be popularized to help local businesses & supply chains.
- One hundred PM GatiShakti Cargo Terminals for multimodal logistics facilities will be developed till the financial year 2024-2025.
Mass Urban Transport including Connectivity to Railways
Innovative ways of financing and faster implementation will be encouraged for building metro systems of appropriate type at scale. Multimodal connectivity between mass urban transport and railway stations will be facilitated on priority. Design of metro systems, including civil structures, will be re-oriented and standardized for Indian conditions and needs.Parvatmala: National Ropeways Development Programme
As a preferred ecologically sustainable alternative to conventional roads in difficult hilly areas, National Ropeways Development Programme will be taken up on PPP mode. The aim is to improve connectivity and convenience for commuters, besides promoting tourism. This may also cover congested urban areas, where conventional mass transit system is not feasible.Capacity Building for Infrastructure Projects
With technical support from the Capacity Building Commission, central ministries, state governments, and their infra-agencies will have their skills upgraded. This will ramp up capacity in planning, design, financing (including innovative ways), and implementation management of the PM GatiShakti infrastructure projects.PM Gati Shakti Yojana Launch by Prime Minister
प्रधान मंत्री मोदी ने कहा कि देश में "पीएम गतिशक्ति योजना" की शुरुवात की जा चुकी है। ये गति शक्ति योजना 100 लाख करोड़ रुपये से अधिक की योजना है। इस PM Gati Shakti Yojana के अंतर्गत लाखों युवाओं के लिए रोजगार के अवसर उत्पन्न होंगे। ये देश के लिए मास्टरप्लान है जो नए इंफ्रास्ट्रक्चर की नींव रखेगा।
The data is taken from official sources such as https://www.indiabudget.gov.in/doc/Budget_Speech.pdf
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