On India’s 75th Independence Day, Prime Minister Narendra Modi announced that the Centre will launch an Rs. 100 lakh-crore project for developing holistic infrastructure called ‘PM Gati Shakti Master Plan.’
In his speech, the Prime Minister said that the project will create employment opportunities for the youth in future.
He called for an Amrit Kaal—the 25-year period till India celebrates 100 years of its independence—to meet all growth imperatives.
What is Gati Shakti Master Plan?
As PM Modi said in his speech, ‘Gati Shakti’ will be a national master plan which will lay the foundation of the overall infrastructure in the country and give an integrated and holistic path towards the growth of the economy.
What will be the focus area of this project?
Under this scheme, India will promote and take forward all its manufacturing products.
PM Modi said that the Gati Shakti plan will provide an impetus to the global profile of local manufacturers and help them compete with their counterparts worldwide.
It will also raise possibilities of new future economic zones.
The Prime Minister said that India needs to increase both manufacturing and exports. Every product that is sold globally from India is attached to India, which is why every “Made in India” product is a brand ambassador for the country.
“India imported mobile phones worth USD 8 billion seven years ago and is now exporting USD 3 billion worth of mobile phones,” the Prime Minister said. Stating that India needs to work together to manufacture world-class products, PM Modi iterated the usage of cutting-edge innovation and new-age technology.
For the past few years, 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.
During his Independence Day speech, Modi said that multiple parts of the country — whether its east, northeast, Jammu and Kashmir, Ladakh including the entire Himalayan region, the coastal belt or the tribal region – will become a big base for India’s development in the future.
The launch date of the Gati Shakti Master Plan is yet to be officially announced by the government.