Economic Survey 2023: Schemes like PM Gati Shakti will speed up the country's development

According to the Economic Survey 2022-23 for the financial year 2022-23, from schemes like PM Gati Shakti, National Logistics Policy and Production-Linked Incentive Schemes The economic speed of the country will get a big support. The Economic Survey 2022-23 has been presented in Parliament on Tuesday by Finance Minister Nirmala Sitharaman. The blueprint of the country's development has been described in this economic survey.

According to the survey, there has been a significant increase in the number of roads, railways, waterways etc. in the country in the last eight years. Along with this, many airports and ports have also been upgraded. Along with this, it was told that at present the country's logistics cost is 14-18 per cent of GDP, while the global benchmark is 8 per cent. PM Gati Shakti was announced in 2021. Its objective is to reduce the logistics cost in the country. Along with this, the ongoing infrastructure projects have to be completed on time. Projects related to the seven engines (roads, railways, airports, ports, transport, waterways and logistic infrastructure) in the National Infrastructure Pipeline (NIP) will be aligned with the PM Gati Shakti framework.

The National Logistics Policy was launched in September 2022 under PM Gati Shakti. The survey said that due to this policy of the government, infrastructure projects will accelerate and the central, state, local governments will work together.