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.
Emerging economies are heavily investing in infrastructure development for a positive economic growth trajectory. The current economic dynamics in India suggest that infrastructure will give a major push to the overall development of the countryÂ´s economy in the long run.