WHY IN THE NEWS?
Prime Minister Narendra Modi announced a Rs 100 lakh crore Pradhan Mantri Gatishakti initiative
- This initiative will create employment opportunities for youth in India. It will also lead to the growth and development of infrastructure.
- In his address, Prime Minister highlighted that; Gatishakti-National Master Plan will be announced soon.
- Prime Minister also noted that India needs to increase both manufacturing and exports. Each of the products that are sold globally from India is attached to India. Thus, every product of yours is a brand ambassador for India.
Focus areas of the initiative
- Gati Shakti plan will help in raising the global profile of local manufacturers.
- It will also help manufacturers to compete with their counterparts across the world.
- It also increases the possibilities of new future economic zones.