Gati Shakti Master Plan
On the occasion of 75th Independence Day(15th August, 2021), Prime Minister announced the launch of Gati Shakti Master Plan.
Objective
- To provide easier interconnectivity and reduce travel time between road, rail, air and waterways
- To improve industrial productivity
- To make local manufacturing globally competitive
- To facilitate future economic zones
Need
- India has been working for a reset of its logistics sector involving railways, highways, inland waterways and airports to put in place an effective transportation grid.
- The logistics make up about 13% of costs for Indian companies, making exports uncompetitive vis-a-vis China.
- India needs to increase both manufacturing and exports because every product that ....
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