PM Gati Shakti Multimodal Waterways Summit to be held in Varanasi on 11 November

New Delhi: Union Minister Sarbananda Sonowal will inaugurate the PM Gati Shakti Multimodal Waterways Summit at Varanasi on 11 November, the Ministry of Ports, Shipping and Waterways said in a statement

Swati Luthra
Updated9 Nov 2022, 04:11 PM IST
Union Minister Sarbananda Sonowal . Photographed by Pradeep Gaur/Mint.
Union Minister Sarbananda Sonowal . Photographed by Pradeep Gaur/Mint.

New Delhi: Union Minister Sarbananda Sonowal will inaugurate the PM Gati Shakti Multimodal Waterways Summit at Varanasi on 11 November, the Ministry of Ports, Shipping and Waterways said in a statement.

The Indian Waterways Authority of India (IWAI), under the aegis of the Ministry of Ports, Shipping and Waterways, Government of India is organizing the ‘PM Gati Shakti Multimodal Waterways Summit’ on 11- 12 November, 2022.  

 Sonowal will also unveil the inauguration and foundation stones of community jetties on National Waterways-1 (River Ganga) at Ravidas Ghat.  

The minister said that the government under the leadership of PM Modi- is committed to the idea of Sabka Saath, Sabka Vikas, Sabka Vishwas, Sabka Prayaas.  Sonowal added that the PM Gati Shakti National Master Plan (NMP) is a transformative approach for improving logistics efficiency and reducing logistics cost to ensure first and last mile connectivity for seamless movement of people and goods.

“MoPSW had identified 101 projects estimated to cost around Rs. 62,627 crores under Gati Shakti NMP which are aimed to be completed by 2024, while the target for the nine high-impact projects costing Rs. 1,913 crore is by the end of this fiscal year.”  

“The Summit will provide a networking platform for key stakeholders from central government and state governments, industry and think tanks to share and discuss the national master plan. Senior officials from relevant Ministries and departments, Port authorities, sector experts and stakeholders from the private sectors will be in attendance,” said Sanjay Bandopadhyaya, Chairman, IWAI.  

 The PM Gati Shakti National Master Plan aims at providing multimodal connectivity infrastructure to various SEZs and enhancing logistical efficiency. It aims to integrate the implementation of all existing and proposed infrastructure development initiatives to support faster and efficient movement of people and goods.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.MoreLess
First Published:9 Nov 2022, 04:11 PM IST
HomeNewsIndiaPM Gati Shakti Multimodal Waterways Summit to be held in Varanasi on 11 November

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Bharat Electronics

    312.60
    03:59 PM | 22 JUL 2024
    6.3 (2.06%)

    Zee Entertainment Enterprises

    134.60
    03:59 PM | 22 JUL 2024
    -2.95 (-2.14%)

    Tata Steel

    160.35
    03:57 PM | 22 JUL 2024
    2.6 (1.65%)

    Wipro

    505.75
    03:59 PM | 22 JUL 2024
    -51.5 (-9.24%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Rashtriya Chemicals & Fertil

    235.05
    03:53 PM | 22 JUL 2024
    21.1 (9.86%)

    NBCC India

    184.85
    03:52 PM | 22 JUL 2024
    13.05 (7.6%)

    Indian Hotels Company

    620.20
    03:54 PM | 22 JUL 2024
    42.95 (7.44%)

    Chalet Hotels

    820.00
    03:29 PM | 22 JUL 2024
    55.9 (7.32%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      75,510.00293.00
      Chennai
      75,657.000.00
      Delhi
      75,217.00732.00
      Kolkata
      75,144.00659.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.86/L0.00
      Chennai
      100.98/L0.23
      Kolkata
      104.95/L0.00
      New Delhi
      94.72/L0.00
      OPEN IN APP
      HomeMarketsPremiumInstant LoanBudget