The Union Cabinet approved the PM GatiShakti National Master Plan on 21 October, which includes a multi-modal connectivity implementation, monitoring, and support mechanism.
Highlights
On October 13, Prime Minister Narendra Modi unveiled a Rs 100 lakh crore national master plan for multi-modal connectivity, with the goal of developing infrastructure to lower logistic costs and improve the economy.
Its goals include lowering logistic costs, increasing cargo handling capacity, and shortening turnaround times.
The Cabinet Committee on Economic Affairs (CCEA) has approved the PM GatiShakti National Master Plan, which includes the institutional framework for implementing, monitoring, and supporting multimodal connectivity.