Indian Railways’ First Gati Shakti Cargo Terminal

Indian Railways’ First Gati Shakti Cargo Terminal

• The first ‘Gati Shakti’ cargo terminal of Indian Railways’ was inaugurated in the Eastern Railway’s Asansol division. The cargo facility is expected to boost railway earnings by roughly Rs .11 crore per month.
• The Asansol division of Indian Railways has successfully commissioned a private siding of Maithan Power in Thaparnagar, Jharkhand, in accordance with the Prime Minister’s vision of Gati Shakti and the Ministry of Railways’ policy on the ‘Gati Shakti Multi-Modal Cargo Terminal’ (GCT).
• Since the establishment of the GCT policy in December 2021, this is the first such terminal to be commissioned by Indian Railways.
• In 2009 the Maithan Power Project was initiated and in 2011 power generation was started.
• Rail transportation is beneficial to the economy because it is the most energy-efficient and cost-effective mode of transportation. The commissioning of this terminal, as well as others similar to it, will have a significant positive impact on the nation’s economy.

Published date : 12 Mar 2022 05:22PM