Decoding Union Budget 2022-23 | PM Gati Shakti National Master Plan

Decoding Union Budget 2022-23: PM Gati Shakti National Master Plan

• GS Paper 2: Indian Economy- infrastructure: Energy, Ports, Roads, Airports, Railways, etc.

 

PM Gati Shakti National Master Plan- Context

• While presenting the Union Budget 2022-23, Finance Minister said the scope of PM Gati Shakti National Master Plan will encompass the seven engines for economic transformation, seamless multimodal connectivity and logistics efficiency.
• PM Gati Shakti National Master Plan will encompass seven engines of economic growth-
  • Roads,
  • Railways,
  • Airports,
  • Ports,
  • Mass Transport,
  • Waterways, and
  • Logistics Infrastructure.

 

Union Budget 2022-23: Key Provisions about PM Gati Shakti National Master Plan

• About: PM GatiShakti is a transformative approach for economic growth and sustainable development.
  • Under PM Gati Shakti National Master Plan, all seven engines will pull forward the economy in unison.
• Mandate: PM GatiShakti aims to provide world-class modern infrastructure and logistics synergy among different modes of movement – both of people and goods – and location of projects.
• Significance: These seven engines are supported by the complementary roles of Energy Transmission, IT Communication, Bulk Water & Sewerage, and Social Infrastructure.
  • Clean Energy and Sabka Prayas– the efforts of the Central Government, the state governments, and the private sector together will be part of the approach.
  • This will lead to huge job and entrepreneurial opportunities for all, especially the youth.

 

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Union Budget 2022-23: Seven Engines of Economic Growth under PM GatiShakti

• Road Transport: PM GatiShakti Master Plan for Expressways will be formulated in 2022-23 to facilitate faster movement of people and goods.
  • The National Highways network will be expanded by 25,000 km in 2022-23.
  • 20,000 crore will be mobilized through innovative ways of financing to complement the public resources.
• Seamless Multimodal Movement of Goods and People: Data exchange among all mode operators will be brought on Unified Logistics Interface Platform (ULIP), designed for Application Programming Interface (API).
  • This will provide for efficient movement of goods through different modes, reducing logistics cost and time, assisting just-in-time inventory management, and in eliminating tedious documentation.
  • This will also provide real time information to all stakeholders, and improve international competitiveness.
• Multimodal Logistics Parks: Contracts for implementation of Multimodal Logistics Parks at four locations through PPP mode will be awarded in 2022-23.
• Railways: Railways will develop new products and efficient logistics services for small farmers and Small and Medium Enterprises.
  • It will also take the lead in integration of Postal and Railways networks to provide seamless solutions for movement of parcels.
  • One Station-One Product’ concept will be popularized to help local businesses & supply chains.
  • As a part of Atmanirbhar Bharat, 2,000 km of network will be brought under Kavach, the indigenous world-class technology for safety and capacity augmentation in 2022-23.
  • Four hundred new-generation Vande Bharat Trains with better energy efficiency and passenger riding experience will be developed and manufactured during the next three years.
  • One hundred PM GatiShakti Cargo Terminals for multimodal logistics facilities will be developed during the next three years.
• Mass Urban Transport including Connectivity to Railways: Innovative ways of financing and faster implementation will be encouraged for building metro systems of appropriate type at scale.
  • Multimodal connectivity between mass urban transport and railway stations will be facilitated on priority.
• Parvatmala: National Ropeways Development Program: National Ropeways Development Program will be taken up on PPP mode as a preferred ecologically sustainable alternative to conventional roads in difficult hilly areas.
  • The aim is to improve connectivity and convenience for commuters, besides promoting tourism.
• Capacity Building for Infrastructure Projects: with technical support from the Capacity Building Commission, central ministries, state governments, and their infra-agencies will have their skills upgraded.
  • This will ramp up capacity in planning, design, financing (including innovative ways), and implementation management of the PM GatiShakti infrastructure projects.

 

PM Gati Shakti Master Plan