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Funding National Waterways

Funding National Waterways

India has remarkable potential of 14,500 km of navigable waterways. However, only 4,300 km comprising five waterways have been designated as National Waterways. Realising the exponential growth in this sector in the coming years, the government in the year 2016 has, under the National Waterways Act 2016, declared an additional 106 inland waterways which brings the total number of National Waterways to 111.

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Cargo traffic up 3.36%: Official

Cargo traffic up 3.36%: Official

Buoyed by pick up in demand, India´s 12 major ports saw cargo traffic increase by 3.36 per cent to 499.23 mt in the first 10 months of the current fiscal. These top ports handled 483.01 mt cargo during April-Jan of the last fiscal.

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Improve logistics in coastal shipping for savings: Study

Improve logistics in coastal shipping for savings: Study

A study by global consultants McKinsey & Co and AECOM for the Ministry of Shipping says optimising the logistics flow for key commodities by 2025 could save Rs.30,000-40,000 crore. It recommends creation of more capacity at major ports and a logistics aggregator company to consolidate the shipping supply chain.

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CAG audit threat looms large

CAG audit threat looms large

The Delhi High Court judgment on Section 20 of the CAG Act may render PPP projects unattractive in infrastructure sectors without a pervasive regulatory authority. In the recent judgment on CAG audit of Delhi distribution companies