NEW DELHI: The Indian Railways has set the goal to develop round 500 new multi-modal cargo terminals below the PM Gati Shakti programme with an funding of roughly Rs 50,000 crore within the subsequent 5 years, Union railway minister Ashwini Vaishnaw stated on Thursday. He stated there will probably be multi-modal passenger terminals with full and seamless integration of all modes of transport.
Chatting with reporters, Vaishnaw stated they’re hopeful of finishing the event of 200 multi-modal cargo terminals within the subsequent three years. This can increase the majority cargo transport by the railways, which is the most important income for the nationwide transporter. He stated the small print of the plans will probably be out within the close to future.
“There’s a clear focus to provide a brand new route to infrastructure improvement and logistics motion within the nation below the Gati Shakti programme. The intention is to cut back logistics price, which is about 13% of the GDP. The discount in logistics price will deliver competitors and also will deliver down the prices,” he stated.
The minister stated one of many main contributions of railways will probably be integrating the laying of fibre IT community all alongside the railway strains. “From now onwards, all our planning and execution can have a multi-modal strategy,” he added.

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