PM GatiShakti National Masterplan To Help Achieve India's Aim Of $5 Trillion Economy: MoS Commerce

The PM Gati Shakti National Masterplan will help achieve India’s aim of $5 trillion economy, Union Minister of State for Commerce and Industry Som Prakash said on Thursday (9 June).

Addressing the industry stakeholders at the INDIA INTERNATIONAL LOGISTICS & SUPPLY CHAIN Conference, organised by PHDCCI, Som Parkash said India is one of the most attractive destinations for investment in the world and government has prepared some important frameworks to help thrive businesses in the country.

One of them is PM Gati Shakti masterplan and its implementation, which will help us to achieve our aim in logistic efficiency, he said.

An infrastructure master plan will make a difference through integrated approach by breaking the entrenched silos over six years, which has received Rs 20,000 crore allocation in this year’s Budget, the minister said, according to a Commerce Ministry release.

Propelled by seven engines – roads, railways, airports, ports, mass transport, waterways and logistics – PM Gati Shakti is an idea whose time has come, added the minister.

He appreciated PHDCCI for being the forerunner in having a specialised forum for Gati Shakti, the contribution for which will go long way in aligning the objectives with the PM's Vision of being a globally leading economy.

To help make this plan success, the minister urged all industry stakeholders to work in this direction collectively to achieve its significant results.