Q2. What is the Gati Shakti Programme? Discuss its objectives and significance for the Indian economy.(10M, 150W)
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Approach to the answer: Understanding and structuring the answer: The question has two main headings: 1) Objectives and 2) Significance. Additionally, provide a way forward for a comprehensive answer. Introduction: Type 1: Briefly state the significance of Gati Shakti programme and quote some relevant data. Type 2: Mention in short, the meaning of the programme with data like budgetary allocation. Use a diagram to show its features. Body: Heading 1: Objectives: Mention the multi-dimensional objectives of the programme. Heading 2: Significance: Mention its significance for the Indian economy. For value addition, use institutional data, report findings, etc. Provide some insights via a way forward. Conclusion: Give a forward-looking conclusion – Type 1: Mention the significance of the programme for economic growth projections of India. Type 2: Suggestions under the way forward can be used to write a conclusion. |
Answer: PM Gati Shakti (launched in 2021) is a National Master Plan for multi-modal connectivity that will incorporate the infrastructure schemes of various Ministries and State Governments like Bharatmala, Sagarmala, inland waterways, dry/land ports, UDAN etc. Under the programme, 100 critical infrastructure gap projects have been prioritized in FY24 for development with a budgetary allocation of Rs. 75,000 crores.
Objectives of PM Gati Shakti Master Plan
- Integrated planning and coordinated implementation of infrastructure connectivity projects.
- For example: Centralized portal to include all the updates regarding existing and planned initiatives of various Ministries and Departments.
- Multi-modal seamless connectivity for movement of people, goods and services, facilitating the last mile connectivity.
- For example: 400 Vande Bharat trains are to be manufactured and 100 PM Gati Shakti Cargo Terminals are to be built.
- Reducing logistics costs by filling critical infrastructure gaps, thus improving supply chains.
- For example: the Indian government has a vision of bringing down logistics costs from 13% to 7.5% of GDP.
- Making India the Business capital of the world by enhanced multimodal connectivity, reduced logistics cost and providing proper linkages between local industry & and consumers.
- For example: Economic Zones like pharmaceutical clusters, defence corridors, electronic parks, industrial corridors, and agri-zones will be covered to improve connectivity.
Significance of PM Gati Shakti Master Plan
- Boost to economic growth due to enhanced connectivity, reduced logistics cost and increased business opportunities.
- Investment opportunities will gather up due to the improved state of infrastructure, ease of doing business and enhanced connectivity.
- Employment generation, particularly in infrastructure, logistics and economic clusters, is accompanied by economic growth and increased private investment.
- Reduction in regional disparity due to increased investment and economic activity in underdeveloped regions, led by improved connectivity and accessibility.
- Ease of living will improve for common people due to improved connectivity, reduced transportation costs and new job opportunities.
The Gati Shakti Programme aims to boost India's economic growth and achieve its ambitious economic goals by improving transportation and logistics infrastructure. Its successful implementation is crucial for making India a global economic powerhouse by 2024-25.
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