Northeast to get a Multi-Modal Logistics Park soon : Nitin Gadkari

GUWAHATI:Amulti-modallogistics hub coming up in Jogighopa, Assam, in the next couple of months would be “a game-changer for the Northeast”, Union Minister for Road Transport and Highways Shri Nitin Gadkari said recently.

“The Brahmaputra is there. We will have an airport, there’s the national highway network and the railways. It will be completed within two-three months,”Gadkarisaid.

The logistics park is being developed as part of the ambitious Bharatmala Pariyojana. Located along the Brahmaputra river, it will facilitate transportationviawater,road,railandair.

Spread over 300 acres, the MultiModalLogisticsParkatJogighopanear the under-development Inland

Waterways Terminal will see a capital outlay of Rs 764 crore. Strategically located 154 km to the west of Guwahati, it can connect to Bhutan in the north and Bangladesh in the south through roadandwaterways,too.

The logistics park will be equipped with several facilities such as warehouse,railwaysiding,coldstorage, customs clearance house, yard facility, workshops, petrol pumps, truck parking, administrative building, boarding lodging, food joints, water treatment plant, etc., according to a report.

A four-lane road will connect Jogighopa and Guwahati. A 3 km-long rail line will connect it to the Inland Waterways Terminal while another road will connect it to the state’s newly developedRupsiairportnearDhubri.

The Ministry of Road Transport and Highways has played a crucial role in the development of the Northeast. Besides the multi-modal logistics hub project, the ministry is in the process of carrying out 260 proposals of ropeways, cable cars, and funicular railways costingRs1,30,000crore.

“We are making roads worth Rs 3 lakh crore in the Northeast. This infrastructure is going to be very useful for accelerating the socioeconomic transformation of the area. We are changing the parameters… and I feel it is going to be a game-changer which will develop the Northeast,” Gadkarisaid,addingthatthiswillcreate more employment opportunities in the region.

India on the Path of

NEW DELHI: “India is witnessing a confluence of factors which is feeding into the India growth story. The RBI would, through a prudent approach, do its best to ensure financial stability in the system and create conditions for sustained economic growth,”

Mr Shaktikanta Das, Governor, Reserve Bank of India (RBI), said at the Annual Session 2023 of the ConfederationofIndianIndustry(CII).

Addressing the session on ‘Future Frontiers: Competitiveness, Technology, Sustainability, Internationalization,’ the RBI Governor’s presentation pivoted around four major aspects, namely global economic backdrop, domestic scenario, inflation and RBI policy. On global growth, he said that the