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PM Gati Shakti: Three infra projects worth ₹9,600 cr recommended for approval

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Construction 25 Jan 2024 05:59 PM IST PTI

The PM Gati Shakti programme, has recommended permission for three road and railway infrastructure projects worth ₹9,600 crores, according to an official announcement. These projects were evaluated on October 17, during the 64th Network Planning Group (NPG) meeting.

"During the meeting, the NPG discussed three proposed greenfield projects of Ministry of Railways (1) and Ministry of Road Transport and Highways (2), with an aggregate project cost worth about ₹9,600 crore," said the Ministry of Commerce and Industry.

The meeting was presided over by Sumita Dawra, the Department for Promotion of Industry and Internal Trade (DPIIT) Special Secretary (Logistics).

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  ₹500 crore, are routed through the NPG.

The NPG's approval is required before the project is cleared by the Public Investment Board (PIB) or Department of Expenditure under the finance ministry. The maximum projects recommended so far by the group are related to roads, railways and urban development.