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Context:
In place of a direct access to the Gati Shakti national masterplan portal, a query based data sharing model is what the government seems to be weighing up for the private sector. Besides, ₹10,000 crore Fund of Funds Scheme focuses on high tech and manufacturing startups.
Key Highlights:
Gati Shakti Data Sharing
- Access Till Date & Potential Change
- Access will be currently reserved for the discretion of only.
- Government ministries & state and center organizations for making their infrastructure plan.
- Model Sought
- Need based info, not portals can be accessible in this approach for private organizations optimizing last mile logistical and infra structures.
- Safety issues to be considered before finalizing protocols.
Implementation & Next Steps DPIIT (Department for Promotion of Industry & Internal Trade)
- Deciding on final terms awaits a nod after holding consultations with other government departments.
- This is also part of the Budget announcement made by Finance Minister Nirmala Sitharaman to give infrastructure projects a fillip in private sector.
₹10,000 Crore Fund of Funds for Startups
Focus Areas
- Manufacturing & High Tech start ups require long term funding
- Supports start ups between High Tech Innovation and Public Service Delivery focused venture
- Unlike other funds, which are primarily early stage and service based
- Strategic Significance
- Will give a boost to the country’s domestic manufacturing and cut dependence on imports..
- Will induce deep tech innovation in India.
