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This Article is From Mar 24, 2023

Sagarmala Programme: 70 Projects Worth Rs 2,856 Crore Sanctioned

Sagarmala Programme: 70 Projects Worth Rs 2,856 Crore Sanctioned
(Source: Ministry of Ports, Shipping and Waterways)

Under the Sagarmala Programme, 70 projects worth Rs 2,856 crore have been sanctioned, out of which 15 projects worth Rs 849 crore have been completed, Parliament was informed on Friday.

Under the Sagarmala Programme, 70 projects worth Rs 2,856 crore have been sanctioned for the development of coastal berths, roll-on, roll-off, passenger jetties, etc.

In a written reply to the Lok Sabha, Union Ports, Shipping and Waterways minister Sarbananda Sonowal said various initiatives and projects have been undertaken to facilitate shifting of cargo from conventional land-based transportation to coastal shipping mode.

A discount of 40% is offered by major ports on vessel and cargo related charges to coastal cargo vessels, Sonowal added.

He said green channel clearance was introduced for faster evacuation of coastal cargo at ports.

According to the minister, the projects for improvement in the first and last-mile road and rail connectivity with all the major and non-major ports have also been identified for faster cargo movement.

Sonowal said GST on bunker fuels used in Indian Flag Vessels has been reduced from 18% to 5%.

The Sagarmala programme is the flagship programme of the Ministry of Ports' Shipping and Waterways to promote port-led development in the country through harnessing India's 7,500 km long coastline, 14,500 km of potentially navigable waterways and strategic location on key international maritime trade routes.

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