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PM Gati Shakti’s blueprint for Economic Railway Corridors unveiled in Budget

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Sat, Feb 3, 2024 04:37 AM

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PM Gati Shakti’s blueprint for Economic Railway Corridors unveiled in Interim Budget – All

PM Gati Shakti’s blueprint for Economic Railway Corridors unveiled in Interim Budget – All about aim, efficiency, and infrastructure investment The Interim Budget for 2024-25 unveils plans for the execution of three Economic Railway Corridors identified under the PM Gati Shakti initiative. These corridors aim to enhance multi-modal connectivity, encompassing energy, mineral, and cement corridors, port connectivity corridors, and high-traffic density corridors.The announced budgetary measures signify a significant push towards enhancing logistics efficiency and reducing costs associated with rail movement. This includes plans to decongest high-density rail routes and promote modal shifts from road to rail and coastal shipping, ultimately contributing to a reduction in carbon footprint within the logistics sector.Union Minister of Commerce, Piyush Goyal, welcomes the announcement, emphasizing that investments in infrastructure development will generate employment opportunities and have a multiplier effect on the country’s economic growth. [Read more](/dHJpc3RyYW1iYWxkd2luODVAZ21haWwuY29t/aHR0cHMlM0ElMkYlMkZ3d3cuZmluYW5jaWFsZXhwcmVzcy5jb20lMkZidXNpbmVzcyUyRnJhaWx3YXlzLXBtLWdhdGktc2hha3Rpcy1ibHVlcHJpbnQtZm9yLWVjb25vbWljLXJhaWx3YXktY29ycmlkb3JzLXVudmVpbGVkLWluLWludGVyaW0tYnVkZ2V0LTIwMjQtMjUtYWxsLWFib3V0LWFpbS1lZmZpY2llbmN5LWFuZC1pbmZyYXN0cnVjdHVyZS1pbnZlc3RtZW50LTMzODMyMDMlMkY=)  We respect your privacy. If you are not interested in receiving further emails, please Click [here](/dHJpc3RyYW1iYWxkd2luODVAZ21haWwuY29t)

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