NEW DELHI: The Department for Promotion of Industry and Internal Trade (DPIIT) and the Ministry of Electronics and Information Technology (MeitY) are reportedly working towards finalising the guidelines to make the PM Gati Shakti National Master Plan portal available to the public.
To improve the logistics sector, the Central Government had introduced the PM Gati Shakti National Master Plan for Multi-Modal connectivity to various Economic Zones via tech adoption and speedier implementation. The goal is to enable logistics efficiency via railways, roads, ports, waterways, airports, and mass transport connectivity.
The move also lays out the vision to transform energy infrastructure across the nation via a one-click comprehensive view model – that will help users build transportation plans and implementation processes.
The Gati Shakti portal was also at the centre of the Union Budget 2022 wherein, the Finance Minister Smt Nirmala Sitharaman outlined that India targets 25,000 km national highways in 2022-23; a revamped unified logistics interface platform, an open source mobility stack, the integration of postal and railway network, 400 energy-efficient Vande Bharat trains and multimodal connectivity for urban transport and transit stations.
The move is intended to largely benefit the Indian ecommerce and D2C ecosystem, especially for SMEs and startups. The Government has stated that the Gati Shakti initiative will reduce the logistics cost to 8% of the Country’s GDP from the current 13% – positively impacting the prices of essentials and consumer spending on non-logistics needs.
Besides this, warehousing and logistics companies and startups will be able to bid for contracts for the implementation of Multi-Modal Logistics Parks at four locations in 2022-23.