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Govt targets Rs 5.5-lakh-cr projects in port sector : Sonowal

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NEW DELHI : The Union MoPSW Shri Sarbananda Sonowal informed that Government has issued directions for the preparation of comprehensive master plan for ports with a planning horizon of 2047 and has also directed to integrate all Port’s Master Plan with respect to vision 2047.

As a part of Sagarmala Programme, more than 800 projects at an estimated cost of around Rs 5.5 lakh crore have been identified for implementation during 2015-2035 period. This also includes the preparation of a comprehensive plan and  report for major ports.

Sagarmala is an ambitious national initiative aimed at unlocking the full potential of India’s coastline and waterways. The vision of this flagship program of the ministry of ports, shipping and waterways is to reduce logistics cost and catalyze port-led industrial and infrastructure development along the coastline.

Further, under holistic development of coastal districts, a total of 567 projects entailing an estimated cost of around Rs 58,000 crore have been identified.

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