Context: The Interim Budget for 2024-25 announcement for implementation of three Economic Railway Corridor identified under the PM GatiShakti for enabling multi-modal connectivity, including (i) energy, mineral, and cement corridors, (ii) port connectivity corridors, and (iii) high traffic density corridors.
PM Gati Shakti National Master Plan framework
oTo boost economic growth (Shakti) through infrastructure building.
oTo improve the productivity of industries and employment opportunities.
oIt is considered to be the government's integrated approach to developing modern railways, roadways, waterways and airways.
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