Proposed port will have handling capacity of 16 mn containers per year The Ministry of Ports, Shipping, and Waterways would soon invite expressions of interest (EOI) from interested parties for an international transhipment port project to be built at Great Nicobar Island in the Bay of Bengal. The project is anticipated to cost Rs. 410...
Tag: waterways
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PM wants ministries to chalk out plan for better movement of coal
Prime Minister Narendra Modi has reportedly asked the ministries of coal, railways, shipping and power to work out a plan for better movement of coal though coastal and inland waterways and present the policy on the same to the cabinet.
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Govt. to invest Rs.25k cr in Assam
Union Road Transport and Highways Minister Nitin Gadkari said the Centre would invest Rs.25,000 crore for developing roads, bridges and waterways in poll-bound Assam over the next two-three years.
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2016 – An Infrastructure Leap Year
United Nations General Assembly has declared 2016 to be the year of ¨pulses¨. With pulse prices going sky-high in 2015, another source of protein for the poor people has well-nigh gone out of reach in our country.
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Govt eyes Rs.2,500 cr profit from ports in two years
Union minister Nitin Gadkari has said the Centre is targeting a net profit of Rs 2,500 crore from its 12 major ports in the next two years. Shipping and waterways would contribute at least one per cent to the country´s GDP by March 2016, he added.
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GST will be a game changer
India is a burgeoning economy and is emerging as one of the world´s leading markets. It expects to sustain strong growth over the coming years and strives to become one of the top three economies in the world by the middle of the century.
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IWAI eyes Rs 2,000-crore waterway
The Inland Waterways Authority of India (IWAI) is likely to start work on a Rs 2,000 crore project to develop stretches of 332 km in two phases. In the first phase,
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India to use waterways to Ashuganj port
Bangladesh has agreed to allow India to use its waterways to Ashuganj river port on Meghna, about 37 km from Agartala, for carrying food grains from Kolkata to Tripura. Bangladesh government agreed to a request by the Centre
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Pakistan mulls ferry services from Karachi to India
According to a Pakistani media report, the national government plans to launch ferry services between Karachi and Gujarat or Mumbai. Further, the government plans to launch such a service between Karachi and Dubai. Pakistani Ports & Shipping Minister Senator Kamran Michael is quoted as saying in the media. Pakistani government set up a high-level committee to examine the feasibility of such services and the panel may
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Coastal shipping in VRV region
Business groups in the Visakhapatnam-Rajahmundry-Vijayawada (VRV) region must revive the coastal shipping and inland waterways sector,
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