PM GatiShakti to be utilized for three new major railway corridors announced under Interim Budget 2024-25 | Current Affairs | Vision IAS
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    PM GatiShakti to be utilized for three new major railway corridors announced under Interim Budget 2024-25

    Posted 03 Feb 2024

    Updated 19 Mar 2024

    1 min read

    • This will enable multi-modal connectivity, including 
      • Energy, mineral, and cement corridors
      • Port connectivity corridors  and 
      • High traffic density corridors

     

    • Significance of the three Corridors
      • Increase logistics efficiency and reduction of cost of logistics related to rail movement. 
      • Decongestion of  high density rail routes 
      • Facilitate modal shift from road to rail and to coastal shipping
      • Reduction of carbon footprint in logistics.

     

    • About PM GatiShakti National Master Plan
      • Launched in 2021 for providing multimodal connectivity infrastructure to various economic zones.
      • Provides a comprehensive database of the trunk & utility infrastructure, ongoing & future projects of various Infrastructure and Economic Ministries/Departments of Central Government and States/UTs. 
      • This data is integrated with the GIS-enabled PM Gati Shakti platform, thereby and monitoring of the Next Generation infrastructure projects on a single portal.
      • Goal of achieving self-reliance and a $5 trillion economy by 2025.
      • Focusses on economic growth driven by 7 engines namely: Railways, Roads, Ports, Waterways, Airports, Mass Transport, and Logistics Infrastructure.
      • It incorporates various infrastructure schemes like Bharatmala, Sagarmala, UDAN, etc.
    • Tags :
    • Logistics
    • PM GatiShakti
    • INFRASTRUCTURE
    • multi-modal connectivity
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