Prime Minister’s Office : Important Updates

What is Gati Shakti Master Plan?

Note4Students

From UPSC perspective, the following things are important :

Prelims level : Gati Shakti Master Plan

Mains level : Infrastructure development

In his I-day speech, the PM has announced a ₹100 lakh crore “Gati Shakti” infrastructure plan.

What is Gati Shakti Master Plan?

  • The PM has pegged the project as a source of employment opportunities for the youth in the future.
  • The plan will make a foundation for holistic infrastructure and give an integrated pathway to our economy.
  • More details and the launch date of the project are awaited.

What are the focus areas of the project?

  • The Gati Shakti plan will help raise the global profile of local manufacturers and help them compete with their counterparts worldwide.
  • It also raises possibilities of new future economic zones.
  • The PM also said that India needs to increase both manufacturing and exports.

Why need such a plan?

  • The push for infrastructure is in line with the government’s efforts to step up capital expenditure in infrastructure to promote economic growth.
  • Infrastructure development has the ability to create a multiplier effect with every rupee invested, yielding much higher returns.

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Back2Basics:

National Infrastructure Pipeline (NIP)

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