The Inland Waterways Authority of India (IWAI) was set up in 1986. Since then till 2008, only five waterways could be declared as National Waterways. Work could be started on only three of them: National Waterway or NW-1 that is the Ganga National Waterway, NW-2 that is the Brahmaputra Waterway and NW-3 comprising the backwaters of Kerala.
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In a 100m-dash, roads and rail are about 40m ahead and you are still putting more into them.
Amitabh Verma, Chairman, Indian Waterways Authority of India (IWAI), tells Rouhan Sharma India has no option but to develop its waterways infrastructure to keep pace with the needs of a growing population and a developing economy.
IWAI exploring various funding options
The Inland Waterways Authority of India (IWAI) is exploring various funding options to take up development work of inland waterways once Parliament passes the Inland Waterways Bill.