'Gati Shakti' Master Plan to Give Rs 100-Trillion Infrastructure Boost

Prime Minister Narendra Modi promised a slew of initiatives in his Independence Day speech including the Rs 100-trillion Pradhan Mantri Gatishakti Bharat Master Plan for integrated infrastructure growth. He also set a target of making India energy independent by 2047

BY Realty Plus
Published - Wednesday, 18 Aug, 2021

'Gati Shakti' Master Plan to Give Rs 100-Trillion Infrastructure Boost

Prime Minister Narendra Modi promised a slew of initiatives in his Independence Day speech including the Rs 100-trillion Pradhan Mantri Gatishakti Bharat Master Plan for integrated infrastructure growth. He also set a target of making India energy independent by 2047 by replace petroleum with other forms of energy and announced a National Hydrogen Mission, noting the country spends Rs 12 trillion on energy imports every year. The Gatishakti Bharat Master Plan has a striking resemblance to the 2019-20 Budget proposal which mentioned the same figure for the same purpose: Infrastructure creation; his own Independence Day speeches in 2019 and also last year had mentioned the National Infrastructure Pipeline Project. The plan is aimed at easier interconnectivity between road, rail, air and waterways to reduce travel time and improve industrial productivity.