Home » Rs.400 cr project for waterways; 7 major ports on anvil

Rs.400 cr project for waterways; 7 major ports on anvil

Rs.400 cr project for waterways; 7 major ports on anvil
Shares

To boost waterways, the government has prepared a Rs 400 crore project under which the centre will provide subsidy of 50 per cent to states to build floating jetties, Road Transport and Highways Minister Nitin Gadkari has said.

Also, the government has decided to open up seven new major ports in the country, Gadkari said after chairing the sixteenth meeting of Maritime State Development Council (MSDC). For passenger jetties, this subsidy will be Rs 10 crore, while for container or goods jetties, it will be restricted to Rs 25 crore, Gadkari said.

The government will open a sub centre of Maritime University at Ratnagiri in Maharashtra to cater to Goa, Gujarat and Maharashtra, for which JSW has already allotted 200 acres of land.

The Minister also added the government contemplates increasing the source of cargo to 15.8 per cent per annum by 2020 in the coastal states.

Leave a Reply