JUST IN
Real rural wages expected to rise as inflation eases: Economic Survey
Digital payments record 24% annual growth at end of Sept 2022: RBI data
Eco survey 2023: Bright prospects under dark clouds with silver linings
Upside risks to CPI inflation likely to outweigh downside risks: Eco Survey
Govt health spend must hit 2.5% of GDP by 2025, says Economic Survey
Global finance critical to India's climate actions: Economic Survey
Economic Survey flags concerns on Crypto, pushes for global regulation
Rupee slides 43 paise on risk aversion ahead of Budget, Fed statement
Core sector growth at three-month high of 7.4% in December: Govt data
Sugar production to fall 5% to 34 mn tonnes in 2022-23 marketing year: ISMA
You are here: Home » Economy & Policy » News
Financepeer raises $31 mn in funding led by QED Investors, Aavishkaar
icon-arrow-left
Retail inflation for farm, rural workers rises to 6.09%, 6.33% in March
Business Standard

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

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.

Topics
Nitin Gadkari  | transport

Press Trust of India  |  New Delhi 

Nitin Gadkari
Union Road Transport and Highways Minister Nitin Gadkari

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.

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 Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

Read our full coverage on Nitin Gadkari

First Published: Wed, April 20 2022. 20:19 IST

`
RECOMMENDED FOR YOU
.