UPSC Exam   »   PM Gati Shakti Master Plan   »   Union Budget 2022-23

Decoding Union Budget 2022-23 | PM Gati Shakti National Master Plan

Decoding Union Budget 2022-23: PM Gati Shakti National Master Plan

  • GS Paper 2: Indian Economy- infrastructure: Energy, Ports, Roads, Airports, Railways, etc.

Decoding Union Budget 2022-23 | PM Gati Shakti National Master Plan_40.1

 

PM Gati Shakti National Master Plan- Context

  • While presenting the Union Budget 2022-23, Finance Minister said the scope of PM Gati Shakti National Master Plan will encompass the seven engines for economic transformation, seamless multimodal connectivity and logistics efficiency.
  • PM Gati Shakti National Master Plan will encompass seven engines of economic growth-
    • Roads,
    • Railways,
    • Airports,
    • Ports,
    • Mass Transport,
    • Waterways, and
    • Logistics Infrastructure.

Decoding Union Budget 2022-23 | PM Gati Shakti National Master Plan_50.1

 

Union Budget 2022-23: Key Provisions about PM Gati Shakti National Master Plan

  • About: PM GatiShakti is a transformative approach for economic growth and sustainable development.
    • Under PM Gati Shakti National Master Plan, all seven engines will pull forward the economy in unison.
  • Mandate: PM GatiShakti aims to provide world-class modern infrastructure and logistics synergy among different modes of movement – both of people and goods – and location of projects.
  • Significance: These seven engines are supported by the complementary roles of Energy Transmission, IT Communication, Bulk Water & Sewerage, and Social Infrastructure.
    • Clean Energy and Sabka Prayas– the efforts of the Central Government, the state governments, and the private sector together will be part of the approach.
    • This will lead to huge job and entrepreneurial opportunities for all, especially the youth.

 

Get Free Study Material for UPSC and State PCS Examinations

 

Union Budget 2022-23: Seven Engines of Economic Growth under PM GatiShakti

  • Road Transport: PM GatiShakti Master Plan for Expressways will be formulated in 2022-23 to facilitate faster movement of people and goods.
    • The National Highways network will be expanded by 25,000 km in 2022-23.
    • 20,000 crore will be mobilized through innovative ways of financing to complement the public resources.
  • Seamless Multimodal Movement of Goods and People: Data exchange among all mode operators will be brought on Unified Logistics Interface Platform (ULIP), designed for Application Programming Interface (API).
    • This will provide for efficient movement of goods through different modes, reducing logistics cost and time, assisting just-in-time inventory management, and in eliminating tedious documentation.
    • This will also provide real time information to all stakeholders, and improve international competitiveness.
  • Multimodal Logistics Parks: Contracts for implementation of Multimodal Logistics Parks at four locations through PPP mode will be awarded in 2022-23.
  • Railways: Railways will develop new products and efficient logistics services for small farmers and Small and Medium Enterprises.
    • It will also take the lead in integration of Postal and Railways networks to provide seamless solutions for movement of parcels.
    • One Station-One Product’ concept will be popularized to help local businesses & supply chains.
    • As a part of Atmanirbhar Bharat, 2,000 km of network will be brought under Kavach, the indigenous world-class technology for safety and capacity augmentation in 2022-23.
    • Four hundred new-generation Vande Bharat Trains with better energy efficiency and passenger riding experience will be developed and manufactured during the next three years.
    • One hundred PM GatiShakti Cargo Terminals for multimodal logistics facilities will be developed during the next three years.
  • Mass Urban Transport including Connectivity to Railways: Innovative ways of financing and faster implementation will be encouraged for building metro systems of appropriate type at scale.
    • Multimodal connectivity between mass urban transport and railway stations will be facilitated on priority.
  • Parvatmala: National Ropeways Development Program: National Ropeways Development Program will be taken up on PPP mode as a preferred ecologically sustainable alternative to conventional roads in difficult hilly areas.
    • The aim is to improve connectivity and convenience for commuters, besides promoting tourism.
  • Capacity Building for Infrastructure Projects: with technical support from the Capacity Building Commission, central ministries, state governments, and their infra-agencies will have their skills upgraded.
    • This will ramp up capacity in planning, design, financing (including innovative ways), and implementation management of the PM GatiShakti infrastructure projects.

 

PM Gati Shakti Master Plan

PM Gati Shakti Master Plan

Sharing is caring!

Thank You, Your details have been submitted we will get back to you.

Leave a comment

Your email address will not be published.