Odisha has strategic potential to grow as a coastal shipping hub, said Chief Secretary Suresh Chandra Mohapatra on Tuesday.

Speaking on PM Gati Shakti Mission, Goyal said, "The project would bring synergy among the ongoing infrastructure projects undertaken by different ministries. Several Ministries of the government have been brought on one platform under this Mission. These include Railways, Roads and Highways, Petroleum and Natural Gas, Telecommunication, Power, Shipping, and Civil Aviation."

India has already established a reputation as that of a pathfinder among economists due to its recent unrivalled economic growth. New Delhi:  India has already established a reputation as that of a pathfinder among economists due to its recent unrivalled economic growth. The new national logistics policy is an evolution... The post appeared first on .

India has already established a reputation as that of a pathfinder among economists due to its recent unrivalled economic growth. New Delhi:  India has already established a reputation as that of a pathfinder among economists due to its recent unrivalled economic growth. The new national logistics policy is an evolution... The post appeared first on .

New Delhi [India], May 6 (ANI): Union Minister for Commerce and Industry Piyush Goyal on Friday said India is gradually moving towards becoming a high-technology manufacturing economy.

New Delhi [India], March 26 (ANI): Union Minister for Commerce & Industry Piyush Goyal on Friday said PM Gati Shakti entails the geospatial mapping of everything in the country, different layers of maps which talk to each other, leading to integrated planning, with better optimization of time and cost, said a press release by Ministry of Commerce and Industry.

Guwahati Feb 28 PTI The PM Gati Shakti program could help transform Indias infrastructure and logistics sector turning India into one of the leading economies globally Petroleum and Natural Gas Minister Hardeep Sigh Puri said here on Monday Addressing the North East Zonal conference for PM Gati Shakti the Union Minister said that the transformation can be achieved through integrating major projects of petroleum railways highway sectors and those of other utilities through master plans There will be synergy between multimodal transportation logistics and supply chain a unified vision for accelerated and efficient execution of projects the minister said Prime Minister Narendra Modi has pointed out that the logistic costs can be brought down to six to seven per cent of total costs helping Indian manufacturers to compete with China and Taiwan he said Gati Shakti is a program which aims at integrating infrastructure projects to bring down transport costs for Indian industry Puri said that he was happy that his ministry was the coordinating agency for this meeting which was aimed to integrate infrastructural planning and development along with availability of cleaner affordable fuel Our future lies in the need to increase production and exploration of both crude and gas and this is the greatest service we can do to our economy which was regrettably neglected in the past the minister saidIt is the intention of the government to increase exploration of both crude and gas from 25000 square km to 50000 sq km and the production will increase significantly during the next four years he added We are a growing economy but our per capita consumption of energy is only one-third of the global average and we have to reduce our dependence on imports which can be done only by increased production and exploration the Union Minister said The state governments are also collaborating to take the PM Gati Shakti forward and this will transform Indias infrastructure and logistics to compete with the worlds leading economies Puri said Finance Minister Nirmala Sitharaman has already announced in the budget that an amount of Rs 20000 crore would be released during the 2022-23 fiscal for PM Gati Shakti while capital expenditure will also go up from Rs five lakh crore to seven lakh crore The state governments will also receive an amount and so they should also plan projects that can be implemented over the next five years The plans will however be integrated and the resources will be pooled he added Assam Chief Minister Himanta Biswa Sarma said the state government was already on board the programme and had set up an empowered committee with the Chief Secretary as its Chairman while the secretaries of the different departments were its members Sarma also urged the Union Minister to allocate some shares of Oil India Limited OIL to the state government Prime Minister Narendra Modi had addressed a post budget webinar on vision of PM Gati Shakti-National Master Plan for Multi Modal connectivity earlier on Monday PTI DG RGJRC JRC

Guwahati Feb 28 PTI The PM Gati Shakti will transform Indias infrastructure and logistics so that it can compete with the leading economies of the world Petroleum and Natural Gas Minister Hardeep Sigh Puri said here on Monday Addressing the North East Zonal conference for PM Gati Shakti the Union Minister said that the transformation can be achieved through integrating major projects of petroleum railways highways and other utilities through master plans There will be synergy between multimodal transportation logistics and supply chaina unified vision for accelerated and efficient execution of projects the minister said Prime Minister Narendra Modi has pointed out that the logistic costs can be as high as 13 to 14 per cent but this can be brought down to six to seven per cent which will help Indian manufacturers to match with export hubs like China and Taiwan he said The PM Gati Shakti is a remarkable initiative which is trying to achieve a paradigm shift and design of future infrastructural development with connectivity being looked at in a multimodal setting through the programme he added Puri said that he was happy that his ministry was the coordinating agency for this meeting which was aimed to integrate infrastructural planning and development along with availability of cleaner affordable fuel Our future lies in the need to increase production and exploration of both crude and gas and this is the greatest service we can do to our economy which was regrettably neglected in the past the minister said It is the intention of the government to increase exploration of both crude and gas from 25000 square km to 50000 sq km and the production will increase significantly during the next four years he added We are a growing economy with a growth rate of 92 per cent but our per capita consumption of energy is only one-third of the global average and we have to reduce our dependence on imports which can be done only by increased production and exploration the Union Minister said The state governments are also collaborating to take the PM Gati Shakti forward and this will transform Indias infrastructure and logistics to compete with the worlds leading economies Puri said Finance Minister Nirmala Sitharaman has already announced in the budget that an amount of Rs 20000 crore would be released during the 2022-23 fiscal for PM Gati Shakti while capital expenditure will also go up from Rs five lakh crore to seven lakh crore The state governments will also receive an amount and so they should also plan projects that can be implemented over the next five years The plans will however be integrated and the resources will be pooled he added Assam Chief Minister Himanta Biswa Sarma said the state government was already on board the programme and had set up an empowered committee with the Chief Secretary as its Chairman while the secretaries of the different departments were its members The state government has also set up a Network Planning Group comprising of senior officers from different departments dealing with planning and networking for infrastructure development projects while a technical support unit has also been set up to develop the master plan The chief minister said that a capacity building and training programme has been initiated for officials to ensure that initiatives under PM Gati Shakti are translated into tangible actions Sarma also urged the Union Minister to allocate some shares of Oil India Limited OIL to the state government which will lead people to realise that the oil company was theirs and help in its smooth functioning Union Minister of State for Petroleum and Natural Gas Rameshwar Teli said that the North East is a pioneer in the oil and gas sector and the PM Gati Shakti will lead to both employment opportunities and development The master plan will help in removing the existing bottlenecks strengthen the policies and make the states more aware and connect them with the programme Teli added Prime Minister Narendra Modi had addressed a post budget webinar on vision of PM Gati Shakti-National Master Plan for Multi Modal connectivity earlier on Monday PTI DG RG RG

New Delhi Feb 28 PTI Prime Minister Narendra Modi on Monday said the PM Gati Shakti initiative will help in further developing modern infrastructure in the country through a better coordination and monitoring He also asked the private sector to partner with the government and increase investments 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 address the issues of multi-modal and last-mile connectivities This will help in bringing down the logistics cost Modi said while addressing the Department for Promotion of Industry and Internal Trade DPIIT stakeholders meet on PM Gati Shakti He added that the government has increased investments in several sectors including highways optical fibre connectivity and renewable energy and it is also committed to a balanced development of the north-eastern region PM Gati Shakti he said will also help boost exports and make MSMEs globally competitive PTI RR MKJ MKJ

New Delhi [India], February 28 (ANI): Prime Minister Narendra Modi on Monday said that PM Gati Shakti initiative will lead to rapid infrastructure development and also generate employment.