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Gati Shakti to provide ultra-speed to infra projects: ASSOCHAM

New Delhi, 13th October 2021:The launch of the PM Gati Shakti programme is a landmark policy and execution enabler for providing ultra-speed to crucial infrastructure projects as India would see a cohesive approach to a holistic development, said ASSOCHAM Secretary General Mr. Deepak Sood.

Congratulating the Hon'ble Prime Minister Shri Narendra Modi on his passion for progress, Mr Sood said, The Gati Shakti multi-modal connectivity through a common technology-driven platform would not only bring 16 different Central ministries to a common goal and vision but also take on board the state governments. That is going to make a critical difference to the speed and cost effectiveness of the projects.

In his message, the ASSOCHAM Secretary General said the Gati Shakti programme would infuse a great sense of urgency to the USD 1.5 trillion National Infrastructure Pipeline across different sectors, be it Railways, ports, airports, waterways, gas pipelines. Its execution would lead to huge reduction in transaction costs and improvement in ease of doing business, as it is addressing a critical issue of quality infrastructure. Besides, at this point in the global economic paradigm, more and more progressive nations are focussing on raising spend on infrastructure; that has a great multiplier for rest of the economy, he said.

The ASSOCHAM is committed to the Prime Minister's vision of AatmaNirbhar Bharat, making India the most preferred choice for global investors for manufacturing and services sectors. With a decisive leadership, world class human resource, India is taking a leadership role in several critical areas like climate change, collaborative research and playing on competitive strength. The Gati Shakti initiative would also enthuse global investors to commit even greater resources towards India.

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