The central government proposes to establish Sagarmala Development Company (SDC), under the Companies Act 1956, that will extend equity support to SPVs operating in various states. Jan Dhan Yojana This includes: • Reducing cost of transporting domestic cargo through optimizing modal mix, • Lowering logistics cost of bulk commodities by locating future industrial capacities near the coast, • Improving export competitiveness by developing port proximate discrete manufacturing clusters, • Optimizing time/cost of EXIM container movement, • Port Modernization & New Port Development: De-bottlenecking and capacity expansion of existing ports and development of new greenfield ports, • Port Connectivity Enhancement: Enhancing the connectivity of the ports to the hinterland, optimizing cost and time of cargo movement through multi-modal logistics solutions including domestic waterways (inland water transport and coastal shipping), • Port-linked Industrialization: Developing port-proximate industrial clusters and Coastal Economic Zones to reduce logistics cost and time of EXIM and domestic cargo. per annum. They would be supported by efficient and modern port infrastructure and seamless multi modal connectivity. Vision of the Sagarmala Programme is to reduce logistics cost for EXIM and domestic trade with minimal infrastructure investment. Swachh Bharat Abhiyan: Making India Clean & More, Pl.let me have follow up comments & new posts by email. Sagarmala Project Details | Latest Current Affairs. Domestic waterways are more cost effective as well as environmentally friendly means of transporting freight. Details of Ahmedabad – Gandhinagar Metro Rail Project Phase-II and Surat Metro Rail Project ahead of Shilanyas by PM Modi Wearing mask mandatory even if you are alone in car and driving The third factor is the location of industries / manufacturing centres vis-à-vis the ports. The government is planning a comprehensive National Perspective Plan (NPP) to be prepared in six months. Pradhan Mantri Krishi Sinchai Yojana Published on: July 5, 2015 | Updated on: May 10, 2016, Select from the Drop Down to view archives. The project aims to harness the 7500 km long coastline of the country to unleash its economic potential. Further development of ship building, ship repair and ship recycling industry will also be a priority. With infusion of new technology and capacity building, the cumulative/ total capacity available at ports can match demand but will not be able to handle additional traffic if the evacuation to and from the port is restricted. The Sagarmala project seeks to develop a string of ports around India’s coast. Sagarmala Project Details 2019. The cost of transporting coal via coastal shipping is one-sixth of the cost of transporting it by railways. Ministry of sports, shipping and waterways. Pahal Scheme The NPP will identify suitable geographical locations along the coast to develop as CEZs. Some of the types of connectivity projects considered are listed below: • Coastal Berths at various major and non-major ports, • National waterways prioritized for development in the first phase, • Heavy haul rail corridor from Talcher to Paradip, • Connectivity to Dedicated freight corridors, • Last mile rail and road connectivity projects, • Freight friendly Expressway projects connecting the major ports, • Development of Multi-Modal Logistics Parks. India’s Ministry of Ports, Shipping, and Waterways has launched a “game-changer” of a project to link at least 19 locations on the mainland’s inland waterways and the Lakshadweep and the Andaman and Nicobar archipelagos by seaplane, according to a government statement. Maritime sector in India has been the backbone of the country’s trade and has grown manifold over the years. The Sagarmala Programme is an initiative by the government of India to enhance the performance of the country’s logistics sector. Introduction. Unfortunately, the country has not focussed on developing the coastal and port infrastructure in an integrated manner that would have realised its full potential. 14,225 crore. Sagarmala Project. This contradiction reflects the vast potential for development of coastal cities and ports. The optimised modal mix using inland waterways and coastal shipping would not only reduce logistics cost but also cut down emissions, reduce energy and fuel consumption. This project is also popularly called as Blue revolution. Secondly, last mile connectivity to the ports is one of the major constraints in smooth movement of cargo to/from the hinterland. By comparison, coastal and inland water transportation contribute to 47% of China’s freight modal mix, while in Japan and US, this share is 34% and 12.4% respectively. The vision of Sagarmala is to reduce logistics cost for both domestic and EXIM cargo with optimized infrastructure investment. CEZs are also envisaged to tap synergies with the planned industrial corridor projects. These include development of dedicated coastal berths, bunkering and storage at ports and creation of supporting hinterland transport infrastructure with last mile connectivity. The project will identify suitable port locations with deep drafts to enhance shipping and port handling capacity.
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sagarmala project details
