“We shape our buildings; thereafter, they shape us.” – Winston Churchill
The new India is marching on the roads of an unprecedented transition into an entirely new dimension of modern living, where system are both solution-oriented and sustainable. By rightly identifying the hitches, the focus has shifted to ‘building afresh’ in the recent years. While prominent initiatives like Make in India, Vocal for Local, Self-Reliant India, Startup India, and others have ignited a sense of awareness and stimulation in India, especially boosting sectors like manufacturing and entrepreneurship, all of this is being rightly taken to the next level by working on the infrastructural development like never before across the country.
PM Gati Shakti, which runs on a transformative approach for economic growth and sustainable development, is driven by seven engines, namely, Roads, Railways, Airports, Ports, Mass Transport, Waterways, and Logistics Infrastructure. All seven engines can lift up the growth curve of the entire country, if supported by the complementary roles of Energy Transmission, IT Communication, Bulk Water & Sewerage, and Social Infrastructure. Such an economic breakthrough can create a plethora of job and entrepreneurial opportunities for all, catering to especially the youth.
The introduction of Gati Shakti, as the name suggests, is a powerful means to get almost all the imperative sectors of the economy up and running with ‘Connectivity’ being the main fuel, as ease in transportation relentlessly brings down the logistics cost. This retention further relaxes the budget plots across various sectors, leading to exports competitiveness, boosting labour employment, resulting in more investments and vigorous economic expansion. More and more connectivity convenience naturally leads to the development of multiple urban, industrial centres. These urban centres are enabler of balanced regional development, paving way for more and more industrial clusters to sprout up across the country. Further, a good roads infrastructure would feed well into railway lines, which in turn, would feed into ports, resulting in faster goods transportation, stirred up supply chain systems, quick manufacturing and more trade and business.
It is well documented that as a proportion of the total value of goods, logistics costs are almost double in India (around 14%) as compared to developed nations (around 7%), hence there is lot of room of improvement. This underlines the need and power of Modern logistics mechanisms, which is the aim of the endeavour of Gati Shakti. The government also has in its pipeline the National Logistics Policy to ease supply chain bottlenecks and accelerate India’s logistics sector, which frequently deals with competitiveness gap. The plan will improve India’s trade competitiveness, create more jobs, improve India’s performance in global rankings and pave the way for India to become a logistics hub.
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