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“In the course of the assembly, the NPG mentioned three proposed greenfield tasks of Ministry of Railways (1) and Ministry of Highway Transport and Highways (2), with an combination venture value price about Rs 9,600 crore,” the commerce and business ministry stated.
The assembly was chaired by Particular Secretary (Logistics), Division for Promotion of Business and Inner Commerce (DPIIT), Sumita Dawra.
The inter-ministerial NPG meets each fortnight and appraises infra tasks to make sure multi-modality, synchronisation of efforts, and complete growth in and across the venture location.
The initiative was launched to develop an built-in infrastructure to cut back logistics prices. All logistics and connectivity infrastructure tasks, entailing investments of over Rs 500 crore are routed by way of the NPG.
The NPG’s approval is required earlier than clearance of the venture by the Public Funding Board (PIB) or Division of Expenditure beneath the finance ministry. The utmost tasks advisable thus far by the group are associated to roads, railways and concrete growth.
