Sign In
Learn bits
Economy
Mahesh

12/11/22 11:10 AM IST

PM Gati Shakti Multimodal Waterways Summit 2022

In News 
  • With the aim to further strengthen the role of inland waterways, the ‘PM Gati Shakti Multimodal Waterways Summit 2022’ gets underway in Varanasi.
PM Gati Shakti Scheme 
  • Aim: To ensure integrated planning and implementation of infrastructure projects in the next four years, with focus on expediting works on the ground, saving costs and creating jobs.
  • The Gati Shakti scheme will subsume the Rs 110 lakh crore National Infrastructure Pipeline that was launched in 2019.
  • Besides cutting logistics costs, the scheme is also aimed at increasing cargo handling capacity and reducing the turnaround time at ports to boost trade.
  • It also aims to have 11 industrial corridors and two new defence corridors - one in Tamil Nadu and other in Uttar Pradesh. Extending 4G connectivity to all villages is another aim. Adding 17,000 kms to the gas pipeline network is being planned.
  • It will help in fulfilling the ambitious targets set by the government for 2024-25, including expanding the length of the national highway network to 2 lakh kms, creation of more than 200 new airports, heliports and water aerodromes.
Source- PIB

More Related Current Affairs View All

07 Aug

What is the potential of biochar?

'With the Indian carbon market set to be launched in 2026, CO2 removal technologies such as biochar are expected to play a crucial role. ' Biochar is a type of charcoal rich in

Read More

07 Aug

Carriage of Goods by Sea Bill, 2025

'The Parliament has passed the Carriage of Goods by Sea Bill, 2025, with the Rajya Sabha approving it recently. ' The Bill seeks to replace the Indian Carriage of Goods by Sea A

Read More

07 Aug

Telangana’s Kaleshwaram project

'The Kaleshwaram Lift Irrigation Project (KLIP) in Telangana is under scrutiny after the National Dam Safety Authority (NDSA) reported significant structural damage and design flaw

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps