Sagar Mala project

Sagar Mala project
सागर माला परियोजना
Country India
Prime Minister Narendra Modi
Ministry Ministry of Shipping
Key people Nitin Gadkari
Established 31 July 2015 (2015-07-31)
Status: Unknown

Sagar Mala project is a strategic and customer-oriented initiative of the Government of India to modernize India's Ports so that port-led development can be augmented and coastlines can be developed to contribute in India's growth. It looks towards "transforming the existing Ports into modern world class Ports and integrate the development of the Ports, the Industrial clusters and hinterland and efficient evacuation systems through road, rail, inland and coastal waterways resulting in Ports becoming the drivers of economic activity in coastal areas.[1]

Background

On 25 March 2015 Cabinet gave approval for this project to develop 12 ports of India and also 1208 Islands.[2] The project was launched by Ministry of Shipping (the nodal ministry for this initiative) in Karnataka on 31 July 2015 at Hotel Taj West End, Bangalore.[3] A National Sagarmala Apex Committee (NSAC), composed of the Minister incharge of Shipping, with Cabinet Ministers from stakeholder Ministries and Chief Ministers / Ministers incharge of ports of maritime states as members, will provide policy direction and guidance for the initiative’s implementation, shall approve the overall National Perspective Plan (NPP) and review the progress of implementation of these plans.[4][5]

The programme aims to promote port-led development in the country by harnessing India's 7,500-km long coastline, 14,500-km of potentially navigable waterways and strategic location on key international maritime trade routes.[6]

36 projects have been proposed by the Andhra Pradesh government for Sagarmala. Indian coastline will be developed as Coastal Economic Regions (CER).[7]

Finance

The Union Minister of Shipping on 5 October 2015 said, "The project includes modernization of our ports and islands, setting up of coastal economic zones, new major ports and fish harbors. We expect that the total investment in the project would be to the tune of ₹700 billion (US$10 billion)."[8]

Proposed Ports

Six megaports are planned in Sagarmala project.

West Bengal Sagar Island
Tamil Nadu Colachel
Gujarat Wadhwan
Karnataka Tadadi
Andhra Pradesh Machilipatnam

See also


References

  1. ↑ "Concept Note on Sagar Mala Project:Working Paper" (PDF). Ministry of Shipping, Government of India. Retrieved 4 July 2015.
  2. ↑ publisher=Economic Times, Times of India "Cabinet gives 'in principle' nod to concept of Sagarmala project" Check |url= value (help). 27 March 2015.
  3. ↑ Sagarmala project launched, 4 August 2015
  4. ↑ "Sagarmala: Concept and implementation towards Blue Revolution". Press Information Bureau. 25 March 2015.
  5. ↑ http://shipmin.nic.in/showfile.php?lid=2217
  6. ↑ "One crore jobs in shipping, ports under Sagarmala: Nitin Gadkari", The Economic Times, 9 April 2016
  7. ↑ "AP government proposes 36 plans for Sagarmala project", The Deccan Chronicle, 10 April 2016
  8. ↑ Sagarmala project: Government to spend Rs 70,000 crore on 12 major ports, says Nitin Gadkari, The Economic Times, 6 October 2015
This article is issued from Wikipedia - version of the Sunday, April 24, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.