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Date: 15/10/2024

PM GatiShakti has reduced logistics cost, says Minister on it completing three years

PM GatiShakti (PMGS) initiative, which has completed three years since its launch, has reduced logistics costs and enabled better service delivery, said Mr Piyush Goyal, Union Commerce and Industry Minister, on the occasion of the third anniversary of the initiative.
 

The Prime Minister tweets

“PM GatiShakti National Master Plan has emerged as a transformative initiative aimed at revolutionizing India’s infrastructure. It has significantly enhanced multimodal connectivity, driving faster and more efficient development across sectors. 
“The seamless integration of various stakeholders has led to boosting logistics, reducing delays and creating new opportunities for several people.
“Thanks to GatiShakti, India is adding speed to fulfil our vision of a Viksit Bharat. It will encourage progress, entrepreneurship and innovation.”
It has brought about a paradigm shift in how India plans and implements infrastructure projects. By integrating data from multiple Ministries and States, a more efficient, transparent and outcome-driven system has been created. He said that the impact of the initiative is visible in faster project execution, lower logistics costs, and better services reaching every corner of the country. 
 
PMGS incorporates the infrastructure schemes of various Ministries and State Governments, such as Bharatmala, Sagarmala, inland waterways, dry/land ports, and UDAN. This is designed to bring various Ministries, including Railways and Roadways, to ensure integrated planning and coordinated execution of infrastructure projects, as per a report.
 
Source: Exim News Service: New Delhi, Oct. 14