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    Blackstone-backed AirTrunk plans to invest US$30bn and +5GW in India.

    India Emerges as World’s Most Trusted Investment Destination: Union Minister of Commerce and Industry,Piyush Goyal at Citi India Conference 2026.

    WellSpan Health and Philips Announce Landmark Strategic Alliance, Accelerating Innovation and Research Across Central Pennsylvania and Northern Maryland

    Cisco Unveils Agentic Platform for Operating and Defending Critical IT Infrastructure.

    Cathay Pacific announces plans to launch direct flights to Almaty.

    First flight of the Qantas A350-1000ULR (MSN 707) - © Airbus SAS 2026

    World’s longest-range aircraft, the Airbus A350-1000ULR takes to the skies.

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    Building a better society and a better environment is our responsibility: Chief Justice Vibhu Bakru.

    Narayana Health City Performs India’s First Pulsed Field Ablation for Advanced Treatment of Atrial Fibrillation.

    Chief Minister D.K. Shivakumar instructed senior officials to emphasize pro-people and transparent governance. Mandatory to go to taluk level, accept people’s complaints and provide solutions – D.K.S.

    CRICKETER OF THE CENTURY: A Prediction Before the World Took Notice

    PhysicsWallah fined ₹5 lakh and McAfee ₹1 lakh for practices affecting informed consumer choice.

    27-day Lalbagh Mango and Jackfruit Mela starts from June 4 in Bengaluru.

  • Business

    Blackstone-backed AirTrunk plans to invest US$30bn and +5GW in India.

    India Emerges as World’s Most Trusted Investment Destination: Union Minister of Commerce and Industry,Piyush Goyal at Citi India Conference 2026.

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    Narayana Health City Performs India’s First Pulsed Field Ablation for Advanced Treatment of Atrial Fibrillation.

    WellSpan Health and Philips Announce Landmark Strategic Alliance, Accelerating Innovation and Research Across Central Pennsylvania and Northern Maryland

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    MG MAJESTOR 4X2 Automatic Top Trim Launched at INR 40.99 Lakhs(ex-showroom price)

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    Shriram Finance Limited - Padukone School of Badminton Logo

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  • Entertainment

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

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  • Lifestyle
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    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Change in timings of ration distribution and fair price shops in Bengaluru.

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    HCG Expands Oncology Presence with New Hebbal Hospital.

    Leaders, clinicians, and experts at Manipal Hospital Whitefield come together to celebrate a landmark achievement in robotic-assisted surgery, reflecting the hospital’s commitment to precision-led, minimally invasive care across multiple specialties.

    Manipal Hospital Whitefield Celebrates a Landmark Achievement in Robotic Surgery.

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PM GatiShakti to accrue huge benefits to states: MoS Shantanu Thakur

FWM by FWM
November 24, 2022
in Business
0

Nine major ports considered for monetisation between FY22-25 under NMP 

KOLKATA. 23 November 2022: Addressing the PM GatiShakti Multimodal Maritime Summit 2022, Union MoS, Shri Shantanu Thakur, said, “the government is prioritising maritime development to enable ports to identify and resolve bottlenecks in enhancing multimodal connectivity.”

He added that the government, under the guidance of PM Narendra Modi, is ensuring the seamless movement of people and goods and driving it with key engines of growth, namely, railways, roads, ports, waterways, airports, mass transport and logistics.

Speaking about the PM GatiShakti masterplan, the minister underscored that the initiative would accrue ‘huge benefits to the state government’ by streamlining project timeframes. He noted that the Ministry of Ports has the most critical role in the master plan, and Kolkata, which hosts the country’s oldest port, could play a pivotal role in realising the goal ‘if we work together’.

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Minister Thakur also highlighted the targets for the ministry, underlining that assets spread across nine major ports have been considered for monetisation between FY22-25 under the National Monetisation Programme. In addition, eleven industrial corridors and two defence industrial corridors are planned for development to improve the operational efficiency and capacity utilisation of existing port assets.

On occasion, PL Haranadh, Chairman, Syama Prasad Mookerjee Port, emphasised harnessing the potential of India’s north-eastern states and noted that multimodal connectivity would be a win-win situation for both India and Bangladesh.

Gopal Krishna, Principal Program Advisor, Cross Border Infrastructure and Connectivity Program (CBIC), USAID and Former Secretary, Ministry of Ports, Shipping and Waterways, Government of India, said PM GatiShakti will act as the facilitator to address the concerns of the manufacturing sector. He said, “GatiShakti essentially is a conceptual regional framework to build infrastructure to provide seamless connectivity through multimodal means”. In addition, Former Special Secretary & Financial Adviser, Ministry of Road Transport & Highways, Shambhu Singh, underscored PM GatiShakti as a revolutionary and timely step.

AK Mehera, Deputy Chairman (H), Syama Prasad Mookerjee Port, gave the vote of thanks. About 200 people, including industry persons, policymakers and other stakeholders, attended the deliberations

FWM

FWM

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