2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rs. 10 lakh crore
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Rs. 100 crore
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Rs. 100 lakh crore
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Rs. 1 lakh crore
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Detailed explanation-1: -Finance Minister Nirmala Sitharaman in 2022 had allotted Rs 20, 000 crore as total outlay toward Gati Shakti in the Union Budget for the financial year 2022-23 for integrated planning and coordinated implementation of infrastructure connectivity projects.
Detailed explanation-2: -Under a $1.2 trillion mega project called PM Gati Shakti – Hindi for strength of speed – Modi’s administration is creating a digital platform that combines 16 ministries. In India, half of all infrastructure projects are delayed, and one in four run over their estimated budget.
Detailed explanation-3: -The Gati Shakti scheme will subsume the Rs 110 lakh crore National Infrastructure Pipeline that was launched in 2019. Besides cutting logistics costs, the scheme is also aimed at increasing cargo handling capacity and reducing the turnaround time at ports to boost trade.