- The minister of Road Transport & Highways and Shipping, Shri Nitin Gadkari said that the Inland Waterways is economically most viable sector, in his inaugural address at the ‘National Conference on Inland Waterways: Issues, Options and Strategies’. He added that development of inland waterways would lower the logistics cost of production and, in turn, make the prices of the products more competitive in the global market.
- Government plans to establish facilities for ship-building and ship-repairing at Guwahati, Kandla and Andaman & Nicobar in near future. In the same vein, 300 Light Houses and 1100 islands would be developed as tourist hubs.
- He also expressed the hope that the Bill for declaration of 101 waterways as National Waterways would have the passage in the forthcoming session of the Parliament.
- The seminar deliberated upon issues like ‘Dredging in National Waterways’, ‘River Cruise: Options and Challenges’ and ‘Overview of Jal Marg Vikas Project’.
Inland Waterways Economically Most Viable Sector
Dry bulk cargo currently makes up 26% of the cargo handled at the 12 major ...