Underlining the importance of PM Gati Shakti initiative, Minister of State for Finance Pankaj Chaudhary has said Public-Private Partnership (PPP) would be the key driver of the Rs 100 lakh crore ambitious PM Gati Shakti initiative. He added that this national master plan for multi-modal connectivity aims to develop infrastructure to reduce logistic costs and boost the economy.
Observing that PPP has given a push to growth, Chaudhary said that various infrastructure projects have been completed through public-private partnerships. He also said that PM Gati Shakti is focused on the road, railway, civil aviation among others, adding that this ambitious project would be achieved through a public-private partnership.
Meanwhile, the PM Gati Shakti - National Master Plan was announced last year with an aim to break departmental silos and bring in more holistic and integrated planning and execution of projects with a view to addressing the issues of multi-modal and last-mile connectivities.
