Indian government is working on an ambitious plan to build one smart city each at the country´s 12 major ports, at an estimated total investment of Rs 50,000 crore, Union Minister Nitin Gadkari has said.
Tag: Shipping
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Modi takes over port project NSAC
Prime Minister Narendra Modi will soon be heading another body, a port infrastructure development initiative-National Sagarmala Apex Committee (NSAC). The PM´s committee is expected to oversee a company, Sagarmala Development Company (SDC) with the Shipping Minister as its Chairman and the Shipping Secretary as the Co-chairman.
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Batting for Vibrant India
Gujarat as a State has tremendous potential both naturally as well as physically. Being well connected by rail and road is an added advantage although air connectivity needs improvement. Its well-equipped ports are a tremendous boost for industries in the State.
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Gadkari assures funding for Sagar island port project
West Bengal Chief Minister Mamata Banerjee has met Union Minister for Shipping, Road Transport and Highways, Nitin Gadkari, who has assured Central funding for the proposed deep sea port near Sagar island in the State.
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Govt plans Rail Corp for ports
To bolster port development, the Centre plans to set up a Railway Corporation exclusively to build rail connectivity to 12 major ports.
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Jal Marg Yojna to boost shipping sector
To revive the shipping industry, the government has decided to launch the PM Jal Marg Yojna and projects for setting up dry and satellite ports, besides converting riverways into waterways, the Rajya Sabha has been informed.´
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Government plans big push for coastal shipping
The government is mulling over a scheme to promote coastal shipping. According to the proposed plan, a subsidy of Rs 0.5 per tonne per km on bulk cargo, a rebate of Rs 2,000 per container for container cargo and an additional 20 per cent rebate on vessel/cargo-related charges would be offered.
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Vallarpadam emerging as hub for empty containers
Shipping lines have started using Vallarpadam Terminal as a transhipment hub for empty containers.
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Need for speedy reforms
A holistic development model is required to push the sluggish growth in the ports sector. Looking at the bigger picture, from coal for power & steel plants to crude oil for refineries, ports provide a gateway for the majority of Indian trade.
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Mum-Goa concrete highway
Nitin Gadkari, Union Minister of Shipping, Road Transport and Highways said that his ministry has decided to construct a concrete four-lane road on the Mumbai-Goa national highway.