Government Policy Report l January 2023
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The Ministry of Railways, Government of India on 6th December 2022 has notified a master circular on the Gati Shakti Muti-Modal Cargo Terminal Policy, 2022 to increase Indian railway’s modal freight traffic share that will add to its revenue and reduce logistics cost across the sectors significantly.
The policy has been targeting the development of 100 Gati Shakti Cargo Terminals (GCTs) in the next three years i.e., up to 2024-25. Out of these 100, 22 GCTs have already been commissioned where Tharpanagar GCT in Asansol Division is the first one along with the in-principal approval of 79 others. This trend is expected to increase the handling capacity of freight traffic worth more than 36 billion in a year along with the following expected impacts after the complete roll-out of this policy: