NPG approves 100 projects valued at Rs 5.89 Trillion
01 Sep 2023
2 Min Read
CW Team
The Network Planning Group (NPG), operating under the framework of the PM Gati Shakti Master Plan, has given its official endorsement to a substantial portfolio of infrastructure projects. A total of 100 projects, with an estimated value of approximately Rs 5.89 trillion, have received approval from the NPG.
These approved projects span diverse sectors, including 40 road projects with a combined investment of Rs 3.65 trillion, 40 railway projects valued at Rs 957.04 billion, and eight urban development initiatives accounting for an investment of Rs 790.16 billion.
Notably, these projects have received NPG approval even prior to clearance from the Public Investment Board (PIB) or the Department of Expenditure. This swift approval process underscores the government's commitment to advancing critical infrastructure development. The NPG, as an inter-ministerial body, plays a pivotal role in evaluating infrastructure projects, ensuring a focus on multimodality and fostering comprehensive development in and around project sites.
The Ministry of Road Transport and Highways (MoRTH) has already formulated plans for over 1,400 kilometres of road construction, while the Ministry of Railways has envisioned more than 13,000 kilometres of railway track expansion using the National Master Plan (NMP).
Launched in 2021, the Gati Shakti Master Plan represents a significant step towards coordinated planning and execution of infrastructure projects. It enhances the synergy and impact of various development initiatives in different sectors, including industrial corridors, ports, telecommunications, and urban development, ultimately propelling India's infrastructure growth.
The Network Planning Group (NPG), operating under the framework of the PM Gati Shakti Master Plan, has given its official endorsement to a substantial portfolio of infrastructure projects. A total of 100 projects, with an estimated value of approximately Rs 5.89 trillion, have received approval from the NPG.These approved projects span diverse sectors, including 40 road projects with a combined investment of Rs 3.65 trillion, 40 railway projects valued at Rs 957.04 billion, and eight urban development initiatives accounting for an investment of Rs 790.16 billion.Notably, these projects have received NPG approval even prior to clearance from the Public Investment Board (PIB) or the Department of Expenditure. This swift approval process underscores the government's commitment to advancing critical infrastructure development. The NPG, as an inter-ministerial body, plays a pivotal role in evaluating infrastructure projects, ensuring a focus on multimodality and fostering comprehensive development in and around project sites.The Ministry of Road Transport and Highways (MoRTH) has already formulated plans for over 1,400 kilometres of road construction, while the Ministry of Railways has envisioned more than 13,000 kilometres of railway track expansion using the National Master Plan (NMP).Launched in 2021, the Gati Shakti Master Plan represents a significant step towards coordinated planning and execution of infrastructure projects. It enhances the synergy and impact of various development initiatives in different sectors, including industrial corridors, ports, telecommunications, and urban development, ultimately propelling India's infrastructure growth.
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