Logistics infrastructure is necessary for economic growth and sustainable development. Discuss this in the light of the newly launched PM Gati Shakti National Master Plan.
Answer: Investments on logistics infrastructure improves logistics capacity, increases efficiency and competitiveness, reduces logistics costs, decreases transportation time, and increases employment opportunities. Thus, it ensures economic growth and sustainable development.
PM GatiShakti National Master Plan (PMGS-NMP)driven by 7 engines-Railways, Roads, Ports, Waterways, Airports, Mass Transport and Logistics infrastructure- is a transformative approach for economic growth and sustainable development.
PMGS-NMP can boost development in following ways:
- Generate job and entrepreneurial opportunities.
- Break departmental silos and institutionalize holistic planning as all departments have visibility of each others’ projects through a centralized portal
- Provide multi-modal connectivity to provide integrated and seamless connectivity for ....
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General Studies Mains Questions And Answers
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