PM Gati Shakti crucial for India to become $5-trn economy: Gadkari

The PM Gati Shakti National Master Plan (NMP), is important for achieving the prime minister's dream of making India a USD 5 trillion economy by 2024-25, Union minister Nitin Gadkari said on Wednesday

Nitin Gadkari
Union Road Transport and Highways Minister Nitin Gadkari
Press Trust of India New Delhi
2 min read Last Updated : Apr 20 2022 | 11:14 PM IST

The PM Gati Shakti National Master Plan (NMP), aimed at improving multi-modal connectivity and last-mile connectivity across the country, is important for achieving the prime minister's dream of making India a USD 5 trillion economy by 2024-25, Union minister Nitin Gadkari said on Wednesday.

Speaking at an event to mark the 15th Civil Services Day, Gadkari further said coordination and communication are required among different stakeholders for the completion of infrastructure projects.

"We have to make the Indian economy stronger. PM Gati Shakti National Master Plan is very important for achieving the prime minister's dream of making India a USD 5 trillion economy," the road transport and highways minister said.

Prime Minister Narendra Modi in 2019 envisioned making India a USD 5 trillion economy and a global economic powerhouse by 2024-25.

He also noted that financial audits are crucial but performance audits are more important.

The minister said there is a need to reduce the cost of construction without compromising the quality.

He observed that delays in decision making increase the cost and also cause inconvenience to end-users.

The minister also suggested that RoW (Right of Way) on national highways can be used for jointly developing other transport systems.

Also speaking at the event, Road Transport and Highways Secretary Giridhar Aramane said one objective of PM Gati Shakti is to provide connectivity in 860 economic nodes in the country.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Nitin Gadkari Indian Economy

First Published: Apr 20 2022 | 11:10 PM IST

Next Story