1. US rules out bailout for Silicon Valley Bank, auctions reportedly underway 2. Apple CEO Tim Cook backs AR/VR headset, likely to launch this year 3. Infosys’ Mohit Joshi joins Tech Mahindra as MD and CEO

100 PM Gati Shakti Cargo terminals to be developed in 3 years: FM

Spread the love

Finance Minister Nirmala Sitharaman on Tuesday said that 100 cargo terminals will be developed during the next three years under the PM Gati Shakti master plan.

“100 PM Gati Shakti cargo terminals for multimodal logistic facilities will be developed during the next three years,” the Finance Minister said while presenting the Union Budget in Parliament on Tuesday.

The Gati Shakti – National Master Plan for Multimodal Connectivity was launched by Prime Minister Narendra Modi in October, last year.

Gati Shakti — a digital platform — aims to bring 16 Ministries including Railways and Roadways together for integrated planning and coordinated implementation of infrastructure connectivity projects. Sitharaman said apart from 100 cargo terminals, 400 new generation Vande Bharat trains with better efficiency will also be brought in the next three years. She said that PM Gati Shakti is driven by 7 engines viz roads, railways, airports, ports, mass transport, waterways and logistics infrastructure.

“All 7 engines will pull forward the economy in unison,” the Finance Minister averred.

Claim Free Bets

Sitharaman said that projects, supported by energy transmission, IT communication, bulk water and sewerage, in national infrastructure pipeline which pertains to seven engines will be aligned with PM Gati Shakti Framework.

“Touchstone of the master plan will be world class modern Infra, logistics synergy among different modes of movement and location of projects,” she said.

The Finance Minister also apprised that PM Gati Shakti Master Plan for expressways will be formulated in 2022-23, to facilitate faster movement of people and goods. She said that the national highway motorway network will be expanded by 25,000 km in 2022-23 and Rs 20,000 crore will be mobilized to complement public resources.

    THE FREE MEDIA

    THE FREE MEDIA

    All Posts

    Related Post

    View All

    India likely to see Covid-19 peak in February, will ...

    December 29th, 2021 | DRISHTI SHARMA

    Spread the loveNagpur: India on Wednesday witnessed a 44 per cent jump in the daily Covid-19 cases, which signals an overa...

    Man held with 350kg Ganja gets bail by Allahabad HC

    October 28th, 2021 | DRISHTI SHARMA

    Spread the loveNagpur: The Allahabad High court on Thursday granted bail to Ayodhya man who was arrested by the Narcotics ...

    18 more test positive for Covid-19 in IIT Madras, ta...

    April 22nd, 2022 | DRISHTI SHARMA

    Spread the loveNagpur: 18 people tested positive for Covid-19 at IIT Madras campus, taking the total cases to 30 in the la...