Medilytix Bureau:

The Prime Minister during his special address stressed on the importance of integrated planning and breaking of siloes across various stakeholders including Central Government Ministries, State Governments and Private sector to optimize resource deployment. PM GatiShakti National Master Plan is the first step in the direction for enabling integrated infrastructure planning, efficient coordination and monitoring and will reduce time and cost overruns in project execution, he pointed out.

The Prime Minister highlighted that the capital expenditure by the central government has increased from Rs. 2.5 Lakh Crore in 2013-14 to Rs. 7.5 Lakh Crore in 2022-23. The government has increased investment across infrastructure sectors such as National Highways, Railways, Civil Aviation, Waterways, Optical Fiber, Gas Grid and Renewable Energy. The Prime Minister also emphasized that the State governments have been given Rs. 1 Lakh Crore in 2022-23 for infrastructure development under PM GatiShakti.

The Prime Minister underlined that the logistics cost in the country needs to be reduced from the current levels of 13 – 14% of GDP. This will require coordinated action between the government and private sector. He assured the stakeholders that their suggestions will be given due consideration in policy making by the government.

The breakout session on the theme of “Enablers for Logistics Efficiency” was organized and moderated by the Ministry of Road Transport & Highways, Ministry of Railways and Ministry of Ports, Shipping & Waterways. The breakout session saw participation and engagement from 20+ panelists from the industry and infrastructure agencies, including eminent personalities such as Shri Harikishan Koppula Reddy (CEO, Cube Highways), Shri Vikram Jaisinghani (CEO, Adani Logistics), Shri Benjamin Fauchier Delavigne (Asia Sales Manager, POMA), and Shri Sachin Bhanushali (CEO, GRFL).

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