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Setting the PACE for growth

Prime Minister Narendra Modi, while addressing a post-budget webinar on
vision of ‘Gati Shakti’, said, “Infrastructure Planning, Implementation and Published by:
Monitoring will get a new direction from PM Gati-Shakti. This will also bring Highland Media Publishers Pvt. Ltd.
down the time and cost overrun of the projects. 24 digital systems of six Registered Office:
ministries are being integrated through Unified Logistic Interface Platform 609, 6 Floor, Swastik Chambers, Sion-Trombay
th
(ULIP) and this will create a National Single Window Logistics Portal that Road, Chembur (East), Mumbai – 400 071.
will help in reducing the logistics cost. Gati Shakti will ensure true public- Tel: 022-25271902
private partnership in infrastructure creation from infrastructure planning to
development and utilization stage. This direction of ‘Infrastructure-based Editor: Shrirang Krishnan
development’ will lead to extraordinary increase in the strength of our editor@constructionopportunities.in
economy, creating many new possibilities of employment.”
Assistant Editor: Prerna Sharma
edit@constructionopportunities.in
Alongside, Giridhar Aramane, Union Road Transport and Highways
Secretary highlighted that target of construction of 25,000 km of national
highways in the next fiscal year will be met under the PM Gati Shakti Chief Executive Officer: V Anand
National Master Plan, under which the government will have to provide anand@constructionopportunities.in
connectivity to all the economic nodes in the country. He pointed out
that while there are 810 economic nodes, out of them 730 are already Head Circulation & Subscription:
connected in one way or the other Subhash Bhogale
support@constructionopportunities.in
If recent announcements are any indication, “The implementation Creative Designer & Coordinator:
framework for PM Gati Shakti national master plan is taking its final shape Asif Padwekar
at a faster pace and after April 1 this year, every infrastructure project, coordinator@constructionopportunities.in
which is more than `500 crore, is expected to route through the Network
Planning Group (NPG) constituted under this initiative,” said Anurag Jain, Press Releases:
Secretary in the Department for Promotion of Industry and Internal Trade coordinator@constructionopportunities.in
(DPIIT). This process would help in making the plan more efficient and
effective.
All rights reserved. While all efforts are made to
ensure that the information published is correct.
Earlier Finance Minister Nirmala Sitharaman emphasized the need for
bridging the infrastructure funding gap and developing innovative Construction Opportunities holds no responsibility
financing mechanisms for an inclusive growth in the sector. Participating for any unlikely errors that might occur.
in a virtual session on ‘sustainable financing and infrastructure’ at the
G20 Finance Ministers and Central Bank Governors meeting under G20 Printed and Published by Shrirang Krishnan on
presidency of Indonesia, she supported the efforts being made for behalf of Highland Media Publishers Pvt. Ltd.,
scaling up the sustainable finance instruments, with a focus on improving printed at Indigo Printers, BRM-10, Devidayal
accessibility & affordability. Compound, Near Britania Company, Reay Road
(East), Mumbai – 400 010 and published from
609, 6th Floor, Swastik Chambers, Sion-Trombay
All these statements point towards only one direction – IMPRESSIVE Road, Chembur (East), Mumbai – 400 071.
GROWTH OPPORTUNITIES. With government taking the reign of infrastructure Editor: Shrirang Krishnan
development and the implementation of the plans & policies on-
ground is already there for all of us to see with many impressive records The information on products and projects on
already broken, we can safely say that the TIME IS NOW for construction offer is being provided for the reference of the
players to leverage this opportunity with vigour and drive this MISSION. readers. However, readers are cautioned to
Ascertaining an all-encompassing growth, the entire industry including make inquiries and take decisions on purchase
the allied segments as well need to showcase their mettle in making or investment after consulting experts on the
this possible through four key pillars – Innovative Equipment, Technology, subject. CONSTRUCTION OPPORTUNITIES holds no
Cost-competitiveness and Timely Execution. responsibility for any decision taken by readers on
the basis of information provided herein.
ARE YOU READY TO DRIVE THE CHANGE?
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4 CONSTRUCTION OPPORTUNITIES|MARCH 2022