PM Gati Shakti to help businesses improve competitiveness: Goyal

New Delhi: Commerce and industry minister Piyush Goyal on Thursday said that PM Gati Shakti national master plan and logistics policy together will help improve competitiveness of businesses and attract investments into India. He said that layers of data are there at PM Gati Shakti portal where different geological, ecological and infrastructural elements across the country were mapped and captured.

Gati Shakti to address critical gaps in infrastructure: Goyal

Currently, there are about 1,300 layers of data, consisting of forests, wildlife sanctuaries, rivers, UNESCO world heritage sites, among others, he said and added that Gati Shakti would not only address critical gaps in infrastructure but also help in planning social infrastructure such as schools, nursing homes, hospitals. He added that reducing the cost of logistics is critical to achieving India's goal of becoming a developed country by 2047.

'PM Gati Shakti to bring down logistics costs'

"PM Gati Shakti, if used well, will help bring down logistics costs tremendously," the minister said, adding, all highways, railways, ports, and airports were mapped on Gati Shakti, which would help in building seamless connectivity networks and creating a positive impact on the logistics ecosystem.

On October 13 last year, the PM Gati Shakti - National Master Plan was launched with an aim to develop integrated infrastructure to reduce logistics costs. All logistics and connectivity infrastructure projects, entailing an investment of over Rs 500 crore, are routed through the network planning group (NPG).

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)