Union Minister for Commerce and Industry Piyush Goyal on Thursday said that PM GatiShakti National Master Plan and National Logistics Policy (NLP) together would greatly help both businesses and people, improve competitiveness, improve investment into India and give the world confidence that the country is on the rise.
The Union minister was addressing the gathering at the Indian Chamber of Commerce’s (ICC) National Conference on GatiShakti in New Delhi on Thursday.
Goyal expressed his appreciation for ICC, which is based in Eastern India, for coming to Delhi to engage with an initiative as crucial as GatiShakti. Goyal said that the world today recognised India as a leader of innovation. He observed that India has been rapidly developing new tools for good governance, ease of living, and ease of doing business, such as PM GatiShakti National Master Plan, according to a statement from the ministry of commerce.
He observed that gone were the days when India had to wait for decades for new ideas and technology to emerge in the West and adopt them to help our businesses and our people. He cited the Unified Payments Interface (UPI) framework as an example of India’s technological prowess, and an initiative which has had a deep impact on the country’s economy.
He further informed that in December last year, India had clocked 7.28-billion digital financial transactions in one month, thanks to UPI. The Minister added that the world was now aspiring to adopt UPI for digital financial transactions.
The Minister emphasised that India was second to none in technology and new ideas, and that the PM GatiShakti initiative was yet another example of this capability. He recalled how the Prime Minister, about 15 years ago, conceived the idea of using geospatial technology to plan infrastructure better and set up Bhaskaracharya Institute for Space Applications and Geoinformatics (BISAG-N) in Ahmedabad.