To rationalise logistics costs, infra master plan launched

to rationalise logistics costs infra master plan launched

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.

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