Winner of Airthings Masters, an online rapid chess competition:

  • IASbaba
  • February 24, 2022
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Winner of Airthings Masters, an online rapid chess competition:

R Praggnanandhaa; won against the noted champion Magnus Carlsen

Gati Shakti

Part of: Prelims and Mains GS-3: Infrastructure & Economy

A Rs. 100 lakh-crore project for developing ‘holistic infrastructure’ – Will encompass the seven engines for multi-modal connectivity for the states with speedier implementation of development projects through technology to facilitate faster movement of people and goods through Rs 20,000 crore financed by the government to speed up this project

  • To reduce the logistics cost – a transformative approach, driven by roads, railways, ports, airports, mass transport, waterways and logistics infrastructure. All seven engines will pull the economy forward in unison
  • Unshackle bureaucratic entanglements and end inter-ministerial silos that delay infrastructure projects and drive up costs
  • Sets sectoral targets to be completed by 2024-25 in areas such as expanding national highways and increasing cargo capacity by the railway and shipping ministries

Significance: Currently, the logistics cost in India is about 13% of the GDP whereas in other developed countries it is to the extent of 8%. Government is committed to reduce the cost of logistics to ensure 

  • Competitiveness of our manufacturing sector, 
  • Better realisation of prices to farmers 
  • Availability of goods at cheaper prices to consumers

News Source: PIB

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