Sumary of To rationalise logistics costs, infra master plan launched:
- Prime Minister Narendra Modi on Wednesday launched the PM Gati Shakti-National Master Plan for multi-modal connectivity, with the aim of coordinated planning and execution of infrastructure projects to bring down logistics costs.
- Modi said that earlier governments did not have the feeling that “not a single paisa (of public money) should be wasted.
- The PM noted that the National Master plan would also keep entrepreneurs and investors informed about the status of infrastructure projects and help state governments give time-bound commitments to investors.
- “The launch of PM Gati Shakti National Master Plan will be a gamechanger for industry and would harness the potential of industry,” said T V Narendran, Confederation of Indian Industry president and Tata Steel CEO.