Gati Shakti To Fast Track Infrastructure Projects, Says Prime Minister

INSUBCONTINENT EXCLUSIVE:
Prime minister Narendra Modi said that Gati Shakti master plan will expedite infrastructure projectsNew Delhi: PM Gati Shakti master plan,
direction to the development of modern infrastructure, prime minister Narendra Modi said on Monday.Addressing a post-budget webinar on Gati
master plan will help fast track infrastructure projects.He also asked corporates to partner with government and increase investments and
contribute in the development of the country."Infrastructure planning, implementation and monitoring will get a new direction from PM Gati
Shakti
This will also bring down the time and cost overrun of the projects," the prime minister said while addressing the webinar.The PM Gati
Shakti will also ensure true public-private partnership in infrastructure creation from infrastructure planning to development and
utilisation stage, Mr Modi said further.This year's budget, he said, has set the pace of India's development in the 21st century and
this direction of infrastructure-based development will lead to an extraordinary increase in the strength of the Indian economy and create
many new possibilities of employment.He underlined the lack of coordination among the stakeholders in the traditional ways of completing
projects."This was due to lack of clear information among the various concerned departments
Now because of PM Gati Shakti, everyone will be able to make their plan with complete information
This will also lead to optimum utilisation of the country's resources," he added.The prime minister said that in 2013-14, the direct
capital expenditure of the government was about Rs 2.50 lakh crore, which has increased to Rs 7.5 lakh crore in 2022-23.He also informed
that under Gati Shakti master plan, "more than 400 data layers are available now, which give information on not just the existing and
proposed infrastructure but also about the forest land and available industrial estate".He suggested that the private sector should also use