#GatiShakti | Explore Tumblr posts and blogs

foxnangelseo · 6 months ago

Text

ET GLOBAL BUSINESS SUMMIT 2023 HIGHLIGHTS

“Humanity will be proud of itself after 100 years by studying the capability shown by India during the biggest crisis in 100 years”

India has entered the 'Amrit Kaal' of its independence, a period of national development and glory. To achieve the Prime Minister's vision of becoming a USD 5 trillion economy, the nation's Business leaders, State Governments, and Visionaries must work together to drive 'Economic Change'. Global Business Summit, a flagship initiative of The Times Group, will provide a platform to bring together visionaries, thought leaders, heads of state, policymakers, climate advocates, academicians, and corporate heads to cohesively drive this agenda and exert the momentum needed to achieve this glorious vision.

Global Business Summit 2023 seeks to provide solutions to key macroeconomic challenges by curating government-to-government interactions, business-to-government meetings, and business-to-business engagements to secure investments from domestic and international allies.

The Prime Minister, Shri Narendra Modi, addressed the Economic Times Global Business Summit at Hotel Taj Palace in Delhi on 17 February 2023. He noted the changes that have taken place since his last appearance at the ET Global Business Summit three years ago when WHO declared Covid a pandemic leading to massive rapid changes globally and in India. He also discussed the concept of 'antifragile' and the collective determination of 140 crore Indians during the three years of war and natural calamity. The Prime Minister explained how reimagination came into play when the country gave the current government an opportunity to serve in 2014, and how the government can improve welfare delivery to empower the poor and create infrastructure in a more efficient way. The Prime Minister elaborated on reimagining welfare delivery and talked about the delivery of bank accounts, loans, housing, property rights, toilets, electricity, and clean cooking fuel.

He also remembered former Prime Minister Shri Rajiv Gandhi's remark that 15 paise out of one rupee reached the intended beneficiaries. Shri Modi said that 10 crore toilets were constructed after 2014, taking sanitation coverage from below 40 percent to 100 percent in rural areas. He also gave examples of aspirational districts, such as institutional deliveries increasing from 47 percent to 91 percent, fully immunized children in the Aspirational District Barwani of Madhya Pradesh increasing from 40 percent to 90 percent, the success rate of TB treatment increasing from 48 percent to nearly 90 percent, and number of Gram Panchayats with broadband connectivity increasing from 20 percent to 80 percent. Regarding clean water supply, the Prime Minister said that only 3 crore tap connections were there in 2014, but in the last three and half years have added 8 crore new tap connections. The Prime Minister of India, Narendra Modi, highlighted the transformation of infrastructure in India, from political ambition to a grand strategy.

He noted that highways are being built at a speed of 38 km per day and more than 5 km of rail lines are being laid every day. The number of operational airports has doubled from 74 to 147, and 3.5 lakh kilometers of rural roads and 80 thousand kilometers of national highways have been built. He also highlighted the 1600-plus data layers of infrastructure mapping available on the GatiShakti platform, which can be linked to AI to decide the shortest and most efficient route. The Prime Minister also highlighted the reimagining infrastructure in India's aviation sector, which resulted in 128 air routes being opened up for civilian aircraft movement today, saving both time and fuel. This decision has also reduced 1 lakh tonnes of CO2 emissions.

The Prime Minister of India highlighted the achievements of his government in the last 9 years, such as laying 6 lakh kilometers of optical fiber, increasing the number of mobile manufacturing units, and reducing the rate of internet data. He also highlighted the 'Mai-Baap' culture of the past, which led to an atmosphere of mutual distrust and suspicion between the government and the citizens. After 2014, the 'govt-first' mentality was reimagined as a 'people-first' approach and the government worked on the principle of trusting its citizens. Examples of self-attestation, abolishing interviews from lower rank jobs, decriminalizing small economic offenses, Jan Vishwas Bill, collateral-free Mudra loans, and the government becoming a guarantor for MSMEs were given. The Prime Minister highlighted the reduction in taxes for the increase in gross tax revenue and said that taxpayers get motivated when they know that the tax paid is being spent efficiently.

He also touched upon faceless assessment and the Income Tax Department processing more than 6.5 crore returns this year. He emphasised that India's prosperity is the world's prosperity and that the theme of One World, One Family, One Future chosen for G-20 contains solutions to many challenges. He called upon everyone present to get involved in India's development journey as much as possible, as it gives them a guarantee of growth.

He told the world to keep an eye on India because we are going to create history by growing at the most exponential rate known to mankind.

Come, Grow with India.

This post was originally published on: Foxnangel

#Business expansion #business growth #business summit #ET Global business summit 2023 #Grow with India #Growing economy #World's Largest economy

0 notes

blueweave · 9 months ago

Text

India is undergoing major improvements to its road and bridge infrastructure through several initiatives and projects. The Bharatmala Pariyojana project aims to develop 34,800 km of highways and has increased construction speed significantly. Twenty Seven greenfield expressways are also being built. Rural roads development is gaining focus with the Pradhan Mantri Gram Sadak Yojana completing over 3.5 lakh km of rural roads. Upcoming initiatives like the Sagarmala project and Gati Shakti Master Plan aim to further optimize logistics and transport. New technologies like BIM and drones are also fast tracking road surveys and design.

Overview

It is a matter of pride for India that the second-largest road network in the world, which is 6.37 million kilometers in length, is our possession. In the last few years, there has been a dramatic rise in the country's highway construction speed from around 12 kilometers per day in 2014-15 to around 29 kilometers per day in 2021-22. The number of functional highways has gone up from 97,830 kilometers in 2014 to 145,155 kilometers today. On the other hand, the nine years of the Pradhan Mantri Gram Sadak Yojana (PMGSY) have seen the construction of more than 3.5 lakh kilometers of rural roads which have made all-weather roads free from all-weather roads connectivity to villages of India. The government's budget allocation for road infrastructure has had a rapid increase, now amounting to about ₹1.4 lakh crore in FY22-2023. Through the completion of strategic projects like the Atal Tunnel, the Dhola-Sadiya Bridge, and the Chenab River Bridge during a relatively short time frame, the government impresses the public with its inclusive governance and readiness to connect even the remotest regions of the country.

India’s Paving Innovative Developments in Road and Bridges Infrastructure

India is involved in the execution of highly ambitious infrastructure projects like the Chenab Bridge, which is the tallest arch railway bridge and is located near one of the highest altitudes, and an Indian Railway line that runs throughout its entire length. This bridge is a demonstration of the amazing engineering skills that Indians possess and is proof that a cohesive team, as leaders, can generate solutions that will in turn sustain the development of India.

The Indian government emphasizes infrastructure development and the government has developed schemes and policies within the framework of infrastructural development. The National Infrastructure Pipeline (NIP) in 2019 is an initiative that enables governments at the national level to focus on social and infrastructure projects including energy, roads, railways, and urban development projects worth INR 102 lakh crores. The Centre and States have the next to equal share of close to 40% each and the private sector has a 21% share. NIP also takes advantage of the PM GatiShakti Master Plan, which intends to intensify India's logistics system. In the Indian Budget 2023-24, the Government of India highlighted the necessity of stepping up the amount of money spent on infrastructure and nearly tripled its infrastructure spending to 3.3% of GDP against 2019-20 expenditure. INR 75000 crores, which is a budget for 100 projects is crucial towards the development of the comprehensive multimodal logistics infrastructure.

As of the end of July 2023, Indians’ total length of national highways amounted to 146,145 km. This figure showed a 60 percent increase from the April 2014 level of 91,287 km. The government aims to achieve this by 2030 with 1.3 times more as compared to the 2020 value which makes it 185,000 km and with 1.6 times more as compared to the 2020 value it should make it 237,000 km by 2047. The Bharatmala Pariyojana, which is the nation's largest infrastructure project, envisages the development of about 34,800 km of national highways. There would be around 27,000 km of this awarded and about 14,500 km already constructed by July 2023 with a capital expenditure of Rs 10.64 trillion As well as this, the building of 27 greenfield expressways is ongoing with a capital cost of Rs 4.5 trillion. The feather in the cap, however, is the construction of the Delhi-Mumbai Expressway, Mumbai-Nagpur Samruddhi Expressway, Bangalore-Chennai Expressway, Delhi-Amritsar-Katra Expressway and the one between Kanpur and Lucknow Expressway.

The emphasis given by the central government to the road sector is vividly illustrated in the uptick of Capital spending by the Ministry of Road Transport and Highways (MoRTH), which has gone from Rs. 0.31 trillion in 2013-14 to Rs. 2.59 trillion in 2023-24, with a 23% CAGR. Out of the capex of 50,000 crore rupees provisioned for the next financial year, about 60 percent has been allocated to the National Highways Authority of India or NHAI. In the last two years, the hybrid annuity model (HAM) share with 55 percent retained in projects awarding has been followed up with the engineering, procurement, and construction (EPC) constituting 44 percent. The government focuses on contributing to the BOT model which is intended to improve the quality of projects. Through this, it aims to increase the chunk of BOT projects from the current share of less than 5 percent to around 10 percent in the coming two years.

Key Initiatives and Their Impact

Bharatmala Pariyojana: This flagship program envisions an integrated network of highways spanning the nation. The project has significantly expedited the pace of highway construction, with India achieving an average construction rate of 37 km per day in 2022-23, a remarkable increase from 12.1 km per day in 2014-15.

Sagarmala Programme: Focusing on coastal and port-led development, this initiative aims to modernize India's ports, optimize logistics efficiency, and boost maritime trade.

Gati Shakti National Master Plan: This transformative plan promotes integrated infrastructure planning and implementation. Gati Shakti utilizes technology to break down silos between various ministries, enabling seamless coordination and accelerated project delivery.

Focus on Rural Roads: The Pradhan Mantri Gram Sadak Yojana (PMGSY) has been instrumental in connecting rural habitations, providing much-needed access to essential services, markets, and opportunities for India's vast rural population.

Strategic Connectivity Projects: The construction of iconic bridges like the Chenab River Bridge (the world's highest railway bridge) and projects such as the Atal Tunnel have overcome geographical challenges, particularly in border and remote regions, thereby fostering national integration.

Source: Ministry of Road Transport and Highways

Upcoming Expressways Projects in India

According to the report, aided by the Pradhan Mantri Gram Sadak Yojana (PMGSY), rural road development has also gained traction, with rural roads accounting for 71 percent of the overall road network in India.

During the last decade, the Indian government’s rural road development projects have gained momentum and the authorities are currently engaged in rural road network development. This also is the case as the farmers, especially those who engage in the export market, depend on the rural roads that offer economic benefits like reducing the cost of production and time of transport.

The Ministry of Road Transport and Highways (MoRTH) targets for two hundred thousand kilometers of National Highway Network to be finished by 2025. The aim is to construct the highest quality road infrastructure with the help of a plan-oriented and result-oriented approach. This year MoRTH plans to create an all-time high of 13,000 km of highway and to top it all, MoRTH is also setting a target to increase the speed of highway construction manifoldly. Many of the construction equipment players realize that the Indian market can be a future market for their equipment and solutions, consequently unveiling the latest solutions for road and highway construction. Humbly speaking, L&T's in-house development has been able to design and fabricate an entire set of equipment like Soil Compactors, Tandem Compactors, Mini Compactors, and Pneumatic Tyred Rollers.

India’s Infrastructure Strategy for Sustainability

Decarbonization is today a prominent topic in which sustainability is the key theme. Along with this, a lot of creative practices and techniques of road building are also being used in the Indian sector of roads that are aimed at reducing the environmental impact and improving the long-term viability of road projects. Among the alternatives to conventional aggregate materials are recycled aggregates, waste plastics, crumb rubber, steel slag, modified bitumen, geosynthetics, and fly ash, which are used to support sustainable development.

Modern technologies that involve the use of Building Information Modelling (BIM), precast construction, and virtual twins are taking root in highway projects. The government specifications providing 25% pre-cast concrete elements with the exceptions of foundation work for the national highway projects initiated within the 100 km range of the pre-cast concrete factories have been made mandatory. Besides the goal of reducing pollution, the approach is also to fasten constructing the project and beautify the area at the end of the construction. Besides, these firms are doing testing of robotics and automation in asphalt and concrete laying as well. Digital technologies are now an essential part of highway operation and maintenance, and the need for smart highway infrastructure increases along with the demand for connectivity. Electronic tollways, wireless sensors, and advanced traffic management systems are becoming a trend. The implementation of aerial differential GPS-LiDAR (light detection and ranging) drones for field surveys, and BIM (Building Information Modeling) for road design, have considerably fastened the pre-construction period.

These technologies like driver speed cameras, CCTV systems, and driving assistance systems are making road safety better. Energy-efficient lighting methods, LED street lights included, are being implemented to cut down on energy consumption and provide cost-saving maintenance solutions. These smart roads are not only conceptualized for energy generation but also they have a role to play in ensuring a greener planet.

Conclusion

In conclusion, India is making significant strides in road and bridge infrastructure development through initiatives like Bharatmala Pariyojana, Sagarmala Programme, and Gati Shakti National Master Plan. These projects aim to enhance connectivity, lower logistics costs, and position India as a global economic leader, with a focus on sustainability and innovative technologies to drive progress.

BlueWeave Consulting & Research Pvt. Ltd

+1 866 658 6826 | +1 425 320 4776 | +44 1865 60 0662

[email protected]

#Blueweave #consulting #indiainfrastructure #Modernizing

1 note · View note

dhyeyalaw · 1 year ago

Text

0 notes

news365timesindia · 1 month ago

Text

[ad_1] DPIIT organizes PM GatiShakti Eastern Zone District Level Capacity Building Workshop in Patna [ad_2] Source link

0 notes

news365times · 1 month ago

Text

[ad_1] DPIIT organizes PM GatiShakti Eastern Zone District Level Capacity Building Workshop in Patna [ad_2] Source link

0 notes

newsorbiter · 1 year ago

Text

Prime Minister to launch priority section of Delhi-Ghaziabad-Meerut RRTS Corridor

Prime Minister Narendra Modi is set to inaugurate a groundbreaking chapter in India's transportation history as he unveils the priority section of the Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) Corridor. The inaugural ceremony will take place at Sahibabad RapidX Station in Uttar Pradesh on October 20, 2023. During this momentous occasion, the Prime Minister will also ceremoniously flag off the RapidX train, connecting Sahibabad to Duhai Depot, symbolising the official launch of India's first-ever RRTS. Following this, at around 12 Noon, Modi will address a public gathering in Sahibabad, marking a pivotal moment in the nation's transportation infrastructure. The 17-kilometer priority section of the Delhi-Ghaziabad-Meerut RRTS Corridor, set for inauguration, will seamlessly link Sahibabad to 'Duhai Depot,' featuring stations at Ghaziabad, Guldhar, and Duhai. Notably, the foundation stone for this transformative corridor was laid by the Prime Minister on March 8, 2019. Aligned with PM’s vision to elevate regional connectivity in India through the development of world-class transportation infrastructure, the RRTS project is shaping up as a beacon of innovation. RRTS is poised to redefine rail-based, semi-high-speed, high-frequency commuter transit systems. Boasting a design speed of 180 kilometers per hour, this initiative is designed to offer high-speed intercity commuting at intervals as short as 15 minutes, with the flexibility to increase the frequency to every 5 minutes, as needed. The National Capital Region will witness the development of eight RRTS corridors, of which three have been accorded priority status for implementation in Phase I. These corridors include the Delhi-Ghaziabad-Meerut Corridor, Delhi-Gurugram-SNB-Alwar Corridor, and Delhi-Panipat Corridor. The Delhi-Ghaziabad-Meerut RRTS, with an estimated investment exceeding Rs 30,000 crore, will render the journey from Delhi to Meerut less than an hour, passing through urban hubs like Ghaziabad, Muradnagar, and Modinagar. This trailblazing RRTS initiative is on par with the best global standards, offering safe, dependable, and contemporary intercity commuting solutions. As part of the PM GatiShakti National Master Plan, the RRTS network is designed for extensive multi-modal integration, ensuring seamless connectivity with railway stations, metro stations, bus services, and more. This visionary approach to regional mobility is poised to invigorate economic activities, enhance access to employment, education, and healthcare opportunities, while also significantly mitigating vehicular congestion and reducing air pollution. In a dual celebration of India's transportation strides, Prime Minister Modi will also formally dedicate two stretches of the Bengaluru Metro's east-west corridor. These stretches, connecting Baiyappanahalli to Krishnarajapura and Kengeri to Challaghatta, commenced public service from October 9, 2023, providing commuters with much-needed convenience ahead of their formal inauguration. Read the full article

#DelhiGhaziabadMeerut #Duhai #DuhaiDepot #Guldhar #NarendraModi #PMModi #PrimeMinister #RapidX #RegionalRapidTransitSystem #RRTS)#SahibabadStation

0 notes