Multi-Modal Logistics Park in Varanasi: Boosting Infrastructure and Economy
| Topic | Details |
|---|---|
| Event | Memorandum of Understanding (MoU) signed for Multi-Modal Logistics Park (MMLP) in Varanasi. |
| Parties Involved | National Highways Logistics Management Limited (NHLML) and Inland Waterways Authority of India (IWAI). |
| Location | Varanasi, Uttar Pradesh. |
| Area | Spread over 150 acres. |
| Connectivity | Direct connectivity to NH7, Eastern Dedicated Freight Corridor (EDFC), and National Waterway-1 (NW-1). |
| Objective | Strengthen supply chain by seamless freight movement through road, rail, and water routes, reducing costs, and increasing business efficiency. |
| Impact | - Attract significant investments.- Boost economy of Uttar Pradesh.- Benefit traders, industries, and MSMEs.- Generate direct and indirect employment.- Modernize logistics sector. |
| Significance | Act as a model under the Gati Shakti scheme and promote multi-modal connectivity projects in other states. |
| Inland Waterways Authority of India (IWAI) | - Statutory body under the Ministry of Shipping.- Develops and maintains inland water transport infrastructure.- Head office in Noida, Uttar Pradesh. |
| Prime Minister's Gati Shakti Scheme | - Ensure integrated planning and implementation of infrastructure projects.- Reduce logistics costs, increase cargo handling capacity, and reduce turnaround time at ports.- Build 11 industrial corridors and 2 new defence corridors.- Expand 4G connectivity to all villages.- Add 17,000 km to gas pipeline network.- Involves 16 ministries dealing with infrastructure.- Creation of Gati Shakti Digital Platform for real-time coordination. |