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48 Gati Shakti Multi-modal Cargo Terminals commissioned till June 30
GCT
Representational Image (Courtesy: Wikimedia Commons)

48 Gati Shakti Multi-modal Cargo Terminals commissioned till June 30

| @indiablooms | 02 Aug 2023, 11:32 pm

New Delhi: A total of 48 GCTs have been commissioned across the country, including five in Jharkhand's Patratu, Sindri, Godda, Pakur, and Thaparnagar.

This information was given by Railway Minister Ashwini Vaishnaw in a written reply to a question in Lok Sabha today.

In order to boost investment from the industry in setting up cargo terminals, the ‘Gati Shakti Multi-Modal Cargo Terminal (GCT)’ policy has been launched, wherein GCTs are being developed by non-railway agencies, he said.

As per the provisions of the GCT policy, private parties/agencies/companies come forward to set up terminals.

Gati Shakti Cargo Terminal Operators are expected to complete the construction within twenty-four months from the grant of ‘In-Principle-Approval’.

The GCT policy helps in enhancing the participation of the private sector in Indian Railways, thereby generating direct and indirect employment opportunities.

The number cannot be ascertained as it has a multiplier effect on employment generation, the minister said.

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