Global Statistics

All countries
704,753,890
Confirmed
Updated on June 22, 2024 5:59 pm
All countries
560,567,666
Recovered
Updated on June 22, 2024 5:59 pm
All countries
7,010,681
Deaths
Updated on June 22, 2024 5:59 pm

Global Statistics

All countries
704,753,890
Confirmed
Updated on June 22, 2024 5:59 pm
All countries
560,567,666
Recovered
Updated on June 22, 2024 5:59 pm
All countries
7,010,681
Deaths
Updated on June 22, 2024 5:59 pm
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85 big infra projects worth Rs 5.4 lakh crore recommended for approval under PM GatiShakti

A senior official announced on Friday that under the PM GatiShakti initiative, 85 major infrastructure projects from various ministries, with a total worth of Rs 5.4 lakh crore, have been recommended for approval in the current fiscal year. These recommendations were made by the Network Planning Group (NPG), formed under the PM GatiShakti initiative launched in October last year.

Sumita Dawra, Special Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT), stated that the NPG has conducted 51 meetings so far. The initiative’s primary goal is to create an integrated infrastructure system to reduce logistics costs. All logistics and connectivity projects requiring investments over Rs 500 crore are channeled through the NPG.

“In the 51 NPG meetings held, a total of 85 projects, amounting to Rs 5.39 lakh crore, have been evaluated,” Dawra informed reporters. These approved projects encompass 34 from railways, 31 from roads and transport, one from new and renewable energy, four from oil and gas, and eight from the housing and urban affairs ministry.

The NPG consists of representatives from various connectivity infrastructure ministries and departments, with their heads of network planning division collaborating for unified planning and proposal integration. All these departments seek NPG approval before developing a Detailed Project Report (DPR) at the planning stage. Following NPG clearance, projects follow the regular approval process involving the finance ministry and the Cabinet, depending on the nature of the projects.

Dawra highlighted that the time taken for DPR development has been reduced to six months due to the utilization of a national master plan portal. This portal incorporates over 1,460 layers of data, including information related to land, ports, forests, and highways.

Different ministries, including social sector departments and states, are increasingly using the portal, aiding in the effective planning of projects, Dawra mentioned. Regarding allowing private sector access to the portal, Dawra mentioned ongoing discussions, considering sensitive attributes and other dimensions related to it.

Furthermore, Dawra announced that the third Trade and Investment Working Group (TIWG) meeting is scheduled to take place from July 10-12 at Kevadia in Gujarat. During this three-day session, over 100 delegates from G20 member countries, invitee countries, regional groupings, and international organizations will engage in discussions aimed at accelerating global trade and investments. Sessions are expected to cover topics such as trade infrastructure, integrating Micro, Small, and Medium Enterprises (MSMEs) into global trade, and developing efficient logistics for trade. The discussions will also focus on the role of infrastructure, logistics, and MSMEs in global value chains.

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