PM Gati Shakti: Six infra projects worth Rs 52,000 crore recommended for approval
roads and railways worth Rs 52,000 crore have been recommended for approval under the PM Gati Shakti initiative, an official statement said on Thursday. This takes the total number of projects assessed by NPG to 112 with a total value of about Rs 11.53 lakh crore, since the launch of PM Gati Shakti, it said.
These six projects were assessed in the 56th Network Planning Group (NPG) meeting on September 27.
The «Group meeting under PM Gati Shakti six project proposals, including four projects of Ministry of Road Transport and Highways and two projects of Ministry of Railways with the total project cost of about Rs 52,000 crore were assessed,» the commerce and industry ministry said.
The inter-ministerial NPG meets every fortnight and appraises infra projects to ensure multi-modality, synchronisation of efforts, and comprehensive development in and around the project location.
The initiative was launched to develop an integrated infrastructure to reduce logistics costs.
All logistics and connectivity infrastructure projects, entailing investments of over Rs 500 crore are routed through the NPG.
The NPG's approval is required before clearance of the project by the Public Investment Board (PIB) or Department of Expenditure under the finance ministry.
The maximum number of projects recommended by the group are related to roads, railways and urban development.
The NMP has a number of layers of geospatial data showing all physical and social infrastructure of an area and land records in one place. It has been designed for faster planning and better design so that the impact of an investment is maximised.
The NPG has representations from various connectivity infrastructure ministries/ departments involving their heads of
