PM Gati Shakti Enhances India’s Logistics
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The Ministry of Finance has announced significant progress in enhancing India's logistics network through the PM Gati Shakti initiative, which aims to strengthen infrastructure and streamline transportation across the nation.
A total of 434 projects have been identified, falling under three major economic corridor programmes: Energy, Mineral, and Cement Corridors (192 projects), High Traffic Density Corridors (200 projects), and Port Connectivity Corridors (42 projects). These projects have a total outlay of Rs 11.17 trillion, focusing on improving multi-modal connectivity and logistics efficiency.
Progress is already visible in the Gati Shakti Cargo Terminal (GCT) programme. As of 31 October 2024, 91 terminals have been commissioned, and 234 projects have received in-principle approvals. Additionally, 339 applications for new terminals have been submitted, reflecting widespread enthusiasm for the initiative.
The government has sanctioned 68 projects, covering 6,290 km, with an investment of Rs 1.11 trillion. Another 88 projects spanning 10,603 km are currently under appraisal and inter-ministerial review, with a proposed cost of Rs 2.25 trillion.
This expansive initiative supports the Union Budget 2024-25’s vision of “Viksit Bharat,” prioritizing infrastructure investment as a driver of economic growth.
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