Home Energy News Port & Dam News Rs. 400 crore project to boost waterways: Nitin Gadkari

    Rs. 400 crore project to boost waterways: Nitin Gadkari


    shippingRoad Transport and Highways Minister, Nitin Gadkari, said that, the government has prepared a Rs 400 crore project under which the centre will provide subsidy of 50 per cent to states to build floating jetties. For passenger jetties this subsidy will be Rs 10 crores while for container/goods jetties, it will be restricted to Rs 25 crore. Gadkari announced this after the sixteenth meeting of Maritime State Development Council (MSDC) at Dona Paula near Panaji in Goa. He said that the government has also taken a decision to open up seven new major ports in the country. The government statement said that the scheme has been sent to the cabinet for its approval. The government will open a sub centre of Maritime University at Ratnagiri in Maharashtra to cater to Goa, Gujarat and Maharashtra, for which JSW has already allotted 200 acres of land. The Minister said that maritime Industry will provide jobs to over 6.5 crore skilled labourers all over the world by 2020. He said the government will provide a financial assistance of Rs 50 crore for all types of training in Maritime Industry. The Minister also added that the government contemplates to increase the source of cargo to 15.8 per cent per annum by 2020 in the coastal states. Gadkari also released a vision document after the meeting. The Ministry has prepared a vision for coastal shipping, tourism and regional development in consultation with stakeholders along with an action plan to achieve the objectives.


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