HOME > MARKETS > ECONOMY NEWS
  ECONOMY NEWS
ECONOMY
Govt’s 3 mantaras for infrastructure sector are upgrade, create and dedicate: Goyal
Mar-04-2021

Union Minister Piyush Goyal said that the Central government has three 'mantaras' for the infrastructure sector, which is upgrade, create and dedicate. He mentioned that in the 6 years, the capacity of India’s major ports has almost doubled. He said the government has developed smart cities and industrial parks and integrated ports with the coastal economic zones.

Goyal highlighted that the government is working on multi-modal logistics solutions to bring down the cost of transportation and increase supply chain efficiency. He also emphasized on integration of road, rail and waterways to bring down the cost of transportation logistics and ensure success in achieving One nation, One market. Appealing to all stakeholders to utilise the opportunity to transform from being 'service provider' to 'knowledge provider', the Minister said, ‘If we re-invent with technology driven solutions like robotics, automation, artificial intelligence, big data analytics, our sector will be SAFE: Sustainable, Agile, Futuristic, and Efficient.’

The ministry said ‘we are working to turn our coastal region into a role model for ease of living & ease of doing business.’ He also urged the industry captains to build industry at sea coasts. He said ‘we on our part will ensure ease of doing business, and will work in partnership with states for enhancing ease of doing business at state and local level. Let us work together with a triple engine: - Engine of Central Government, Engine of State Government, Engine of our Robust Maritime Sector. Let the engine of growth and development in India prosper and flourish.’

  RELATED NEWS >>