PM GatiShakti to be utilized for three new major railway corridors announced under Interim Budget 2024-25 | Current Affairs | Vision IAS
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PM GatiShakti to be utilized for three new major railway corridors announced under Interim Budget 2024-25

Posted 03 Feb 2024

Updated 19 Mar 2024

1 min read

  • This will enable multi-modal connectivity, including 
    • Energy, mineral, and cement corridors
    • Port connectivity corridors  and 
    • High traffic density corridors

 

  • Significance of the three Corridors
    • Increase logistics efficiency and reduction of cost of logistics related to rail movement. 
    • Decongestion of  high density rail routes 
    • Facilitate modal shift from road to rail and to coastal shipping
    • Reduction of carbon footprint in logistics.

 

  • About PM GatiShakti National Master Plan
    • Launched in 2021 for providing multimodal connectivity infrastructure to various economic zones.
    • Provides a comprehensive database of the trunk & utility infrastructure, ongoing & future projects of various Infrastructure and Economic Ministries/Departments of Central Government and States/UTs. 
    • This data is integrated with the GIS-enabled PM Gati Shakti platform, thereby and monitoring of the Next Generation infrastructure projects on a single portal.
    • Goal of achieving self-reliance and a $5 trillion economy by 2025.
    • Focusses on economic growth driven by 7 engines namely: Railways, Roads, Ports, Waterways, Airports, Mass Transport, and Logistics Infrastructure.
    • It incorporates various infrastructure schemes like Bharatmala, Sagarmala, UDAN, etc.
  • Tags :
  • Logistics
  • PM GatiShakti
  • INFRASTRUCTURE
  • multi-modal connectivity
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