Daily Current Affairs : 8-July-2023
The PM Gati Shakti National Master Plan (NMP) was launched in October 2021 as a visionary initiative by the Indian government. Its primary goal is to facilitate coordinated planning and provide a comprehensive overview of planned development to all ministries. This essay explores the present status of the platform, its features, and its impact on the infrastructure sector in India.
Present Status of PM Gati Shakti Platform:
The Network Planning Group (NPG) operating under the PM Gati Shakti platform has successfully evaluated and facilitated 85 major central infrastructure projects, amounting to a staggering ₹5.4 lakh crore. This platform houses multiple layers of geospatial data from across the country, offering valuable insights into multi-modal connectivity and various physical and social infrastructure.
Features of PM Gati Shakti NMP:
- Integrated Development: The NMP aims to create a system of interconnected and multimodal transportation networks, fostering economic and infrastructure development. By integrating various sectors such as National Highways, Railways, Waterways, and Telecom, the plan promotes holistic growth, improved trade competitiveness, and the generation of employment opportunities.
- Catering to Industry Needs: The NMP emphasizes the establishment of integration and synergy among different infrastructure projects, catering to the specific development requirements and logistic support of various sectors and industries. Sectors like Steel, Power, Fertilizers, and Coal will benefit from the seamless coordination facilitated by this master plan.
- Planning Framework: The PM Gati Shakti NMP provides an overarching framework for the planning, sanctioning, and execution of projects. It ensures a coordinated approach, minimizing delays, and optimizing resource allocation.
Data Sharing with Industry and Investors:
The government is actively working on a mechanism to share data captured on the PM Gati Shakti platform with industries and potential investors. This data will include information on multi-modal connectivity, as well as other physical and social infrastructure. By making this data available, the government aims to promote transparency, attract investments, and encourage informed decision-making by industry stakeholders.
Impact on Infrastructure Development:
- Enhanced Planning: The PM Gati Shakti NMP enables better planning by providing a comprehensive view of planned development across ministries. This coordinated approach ensures efficient utilization of resources and avoids duplication of efforts.
- Investment Opportunities: By sharing data with industry and potential investors, the NMP opens doors for lucrative investment opportunities in the infrastructure sector. This can lead to increased capital inflow, stimulating economic growth and job creation.
- Improved Connectivity and Competitiveness: The NMP’s focus on integrated transportation networks enhances connectivity within the country. This connectivity, coupled with improved infrastructure, boosts trade competitiveness and facilitates the promotion of exports.
Important Points:
- The PM Gati Shakti National Master Plan (NMP) was launched in October 2021.
- The NMP aims to enable coordinated planning and provide a comprehensive overview of planned development to all ministries.
- The Network Planning Group (NPG) under the platform has evaluated and facilitated 85 large central infrastructure projects worth nearly ₹5.4 lakh crore.
- The NMP envisions the creation of an interconnected and multimodal transportation network.
- It aims to integrate various infrastructure sectors such as National Highways, Railways, Waterways, and Telecom.
- The plan caters to the development requirements and logistic support of different sectors and industries, such as Steel, Power, Fertilizers, and Coal.
- The NMP provides an overall framework for planning, sanctioning, and executing projects.
- The government is working on a mechanism to share data captured on the PM Gati Shakti platform with industry and potential investors.
- Data sharing will include information on multi-modal connectivity and other physical and social infrastructure.
- The NMP enhances planning efficiency, resource utilization, and avoids duplication of efforts.
- It opens doors for investment opportunities in the infrastructure sector, attracting capital inflow and stimulating economic growth.
- Improved connectivity within the country promotes trade competitiveness and facilitates the promotion of exports.
- The NMP has the potential to transform the infrastructure landscape in India and contribute to the nation’s growth and competitiveness.
Why In News
The government is diligently devising an effective mechanism to facilitate the seamless sharing of data with industry stakeholders and potential investors. This includes comprehensive information on multi-modal connectivity, as well as other critical aspects of physical and social infrastructure that have been meticulously cataloged on the innovative PM Gati Shakti platform.
MCQs about PM Gati Shakti National Master Plan
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What is the primary goal of the PM Gati Shakti National Master Plan (NMP)?
A. To promote tourism in India
B. To facilitate coordinated planning and provide a comprehensive overview of planned development to all ministries
C. To improve healthcare infrastructure in rural areas
D. To enhance agricultural productivity
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What is the purpose of data sharing with industry and potential investors in the PM Gati Shakti NMP?
A. To restrict investments in the infrastructure sector
B. To promote transparency and informed decision-making by industry stakeholders
C. To limit the growth of the infrastructure sector
D. To discourage economic development
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What does the PM Gati Shakti NMP aim to achieve through the creation of interconnected transportation networks?
A. Increased traffic congestion
B. Economic and infrastructure development
C. Reduction in trade competitiveness
D. Job cuts in the infrastructure sector
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How does the PM Gati Shakti NMP contribute to improved trade competitiveness?
A. By limiting exports
B. By integrating various infrastructure sectors
C. By reducing connectivity within the country
D. By discouraging foreign investment
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