Monday, February 6, 2023

55 ministries to spend 10% of their budget for improving logistics infrastructure in NE

Union Minister of State for External Affairs and Education RK Ranjan Singh on Wednesday emphasised on creating a sound logistic infrastructure in the region.
He said the Prime Minister Narendra Modi has identified 55 central ministries to spend 10 per cent of their budget for improving logistics infrastructure in Northeast India.
“NE seeing dawn of new hopes and opportunities for becoming the manufacturing hub of the country with PM GatiShakti with world class seamless multimodal connectivity being implemented,” Ranjan said while addressing the first ever CII North East Logistics Conclave in Guwahati . The conclave was organised by the Confederation of Indian Industry (CII) in association with DPIIT.
Singh mentioned that the PM GATISHAKTI would ensure world class seamless multimodal connectivity providing complete information on resources, manpower and infrastructure projects in the North East. He further elaborated that this would bring down cost overruns for the infrastructure project being implemented which would track timely implementation.
The Gati Shakti would also provide access to difficult areas in the region through technological intervention and policy initiative giving and a massive boost to the 200 billion logistics economy in the region, he said.
He said The External Affairs Ministry is working closely with Bangladesh to improve the rail, air, road and water connectivity.

SourceAGENCIES
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