PM Gati shakti will incorporate the infrastructure schemes of various Ministries and State Governments like Bharatmala, Sagarmala, Inland waterways, dry/land ports, UDAN etc.
- Multi-modal connectivity plan: The aim is to bring down logistics costs from 13-14% of GDP as against about 7-8% in developed economies.
- Generation of investor interest: The scheme is in synergy with the National Monetization Pipeline (NMP) which give potential investors a ready list of assets to generate investor interest.
- Creation of quality infrastructure: The plan includes 11 industrial corridors, National Highways of 2 lakh km; Dedicated Freight Corridors (DFCs).
Role played by government:
- Provide prior land and environmental clearance.
- Ensure inter-ministerial and interstate coordination for smooth implementation.
- Provide viability gap funding to address any financial hurdle
Role played by private player:
- It will bring much needed finance.
- Private Player also brings technologies, expertise and international best practices.
- Private Player brings an element of economy, efficiency and effectives.
- Private Player will ensure timely completion of project.
PPP would be the key driver in achieving the goal of connectivity, it is possible only enabling environment of government. Need of an independent body for faster resolution of grievance, use of technology for effective implementation and monitoring.