The PM Gati Shakti – National Master Plan for multi-modal Connectivity was announced with an aim to break departmental silos and bring in more holistic and integrated planning and execution of projects with a view to address the issues of multi-modal and last-mile connectivities.
This national master plan for multi-modal connectivity aims to develop infrastructure to reduce logistic costs and boost the economy.
Gati Shakti and goal of Connectivity
1. Roadways capacity increased.
2. Railway transport cargo capacity to be increased to 1600 tonnes by FY 25.
3. Renewable capacity to be increased to 225 GW by FY25.
4. Around 200 new airports, heliports and water aerodromes are envisioned.
5. Transmission network to be increased to 454200 circuit km.
6. 4G connectivity for villages.
Why does infrastructure matter? In economics parlance, multiplier effects accrue to the economy through infrastructure spending. This means that not only does the project contribute immediately through increased demand for labour, construction materials, but also through the second order effects improved connectivity brings.