Rs 50,000 Crore Boost for Inland Waterways in India
NEW DELHI: In a significant move to enhance India’s inland waterways, the government has announced a massive investment of around Rs 50,000 crore over the next five years. This initiative, revealed by the Ministry of Ports, Shipping and Waterways, aims to develop and improve various waterways across the country.
Focus on New Waterways and Green Shipping
Nearly 50% of this investment will be allocated to the development of new waterways and the promotion of green shipping practices. This strategic approach not only aims to boost trade and tourism but also emphasizes the importance of sustainable practices in the maritime sector.
Inland Waterways Development Council Meeting
The investment plans were solidified during a recent meeting of the Inland Waterways Development Council, chaired by Union Shipping Minister Sarbananda Sonowal. A key highlight of this meeting was the proposal of the Riverine Community Development Scheme, designed to improve the socio-economic conditions of coastal communities through infrastructure development and trade promotion.
Expanding Successful Projects
Minister Sonowal also announced plans to expand the successful Water Metro project from Kochi to 15 additional cities, including Guwahati. Furthermore, six floating steel jetties will be constructed on the Godavari River (NW 4) at significant locations such as Gandipochamma Temple and Perantapalli village in Andhra Pradesh.
Conclusion
This investment in inland waterways is expected to create numerous opportunities for local communities while fostering economic growth and environmental sustainability. For more updates and exclusive offers related to travel and infrastructure, visit Looffers.com.
