Projects under Sagarmala As part of Sagarmala Programme, more than 574 projects (Cost: Rs. The Indian Port Rail Corporation Limited (IPRCL) was incorporated on 10 July 2015 to undertake the port-rail connectivity projects under Sagarmala Programme. NEW DELHI: The government’s ambitious Sagarmala project, which aims to develop port infrastructure along the country’s 7,500 km coastline, is likely to see an investment of more than Rs 70,000 crore in coming years. This is particularly true for coastal power plants in Andhra Pradesh and Karnataka, which receive coal by rail networks. 189 projects with a projected cost of USD 21 Billion have been identified. Sagarmala project not only helps in port led development and trade but it will also enhance employment opportunity, increase foreign exchange earnings for country. The project is mammoth with 150 initiatives with a total outlay of ₹4 lakh crore, spread across four broad areas. 400+ projects (cost: Rs. It is Improving fare intensity by creating a port and advancing the time/cost of the EXIM compartment movement. "Coastal Employment Units" (CEUs) serve as nodes within CEZ, each CEU industrial is an industrial estates with multiple industries. Under Project Unnati, the global benchmarks were adopted to improve the efficiency and productivity KPIs for 12 major ports. Sagarmala Seaplane Services Project To Kick Off Soon By PragativadiNews 1 On Jan 4, 2021 9 New Delhi: Ministry of Ports, Shipping and Waterways is initiating the process of commencing operations of the Seaplane services, on the select routes, under a Special Purpose Vehicle (SPV) framework through prospective airline operators. Sagarmala, a key initiative launched by the Ministry of Shipping in 2016 aims to achieve port-led prosperity. [4] It was approved by the cabinet in March 2015. The objective of this initiative is to promote PORT-LED DEVELOPMENT along India’s 7500km long coastline. Daijiworld Media Network – Mangaluru (ANK) Mangaluru, Dec 14: BJP state president and MP Nalin Kumar Kateel laid the foundation stone for the coastal berth and capital dredging worth Rs 65 crore and Rs 29 crore respectively under the Sagarmala project here at Bengre on Monday, December 14. As part of Sagarmala Programme, more than 574 projects (Cost: Rs. Budget 2021 expectations | Focus should be on achieving Sagarmala targets and increasing autonomy at major ports: ICRA Even if the Government continues with its … 6.01 Lacs Cr.) New Delhi [India], December 4 (ANI): Ministry of Ports, Shipping and Waterways on Monday kicked off the ambitious project of Sagarmala Seaplane Services (SSPS) with potential airline operators. o Out of the 27 rail projects identified under Sagarmala 21 projects (3300 Km, cost: Rs.28,000 Crore) are being taken up by Ministry of Railways 6 projects (151 Km, cost: Rs.3,590 Crore) to be taken up by IPRCL • Road Connectivity Projects o Out of 79 road projects (including 10 freight friendly expressways) 45 projects (cost: Rs. The Sagarmala Programme is an initiative by the government of India to enhance the performance of the country's logistics sector. Renew vehicle papers by Dec 31 or face penalty; Farmers … In an attempt to reach out to the governments of maritime states for the “Sagarmala project”, which seeks to develop a string of ports around India’s coast, the Union Ministry of Shipping held the first meeting in connection with the plan in Gandhinagar on Wednesday. To promote port-led direct and indirect development and to provide infrastructure to transport goods to and from ports quickly, efficiently and cost-effectively, the government of India Ministry of Shipping) launched Sagarmala Project.Sagarmala Project is a port-led development programme of Ministry of Shipping. As per the approved implementation plan of Sagarmala scheme, these projects ar… The Sagarmala Programme is the flagship programme of the Ministry of Shipping to promote port-led development in the country by exploiting India's 7,517 km long coastline, 14,500 km of potentially navigable waterways and its strategic location on key international maritime trade routes. Along with this, an inefficient inter-modal transport connectivity results in high cost of logistics and exports. Six megaports are planned in Sagarmala project. Bharatmala Pariyojana (Project) is a centrally-sponsored and funded Road and Highways project of the Government of India. India has 12 major ports and approximately 200 non-major ports administered by Central and State Governments respectively. 8 Lac Crore), have been identified. Nodal Ministry- The Union Ministry of Shipping It looks towards transforming the existing Ports into modern world class Ports and integrate the development of the Ports, the… Techno Economic Feasibility Report(TEFR) prepared. ", Projects worth Rs 44.6k crore underway for rail connectivity to ports, Heritage City Development and Augmentation, Remunerative Approach for Agriculture and Allied sector Rejuvenation, https://en.wikipedia.org/w/index.php?title=Sagar_Mala_project&oldid=1000987312, Proposed transport infrastructure in India, Ministry of Ports, Shipping and Waterways (India), Articles with a promotional tone from December 2020, All Wikipedia articles written in Indian English, Creative Commons Attribution-ShareAlike License, Kailash Agarwal,Bhushan Kumar [Joint Secretary of Ministry Of Shipping,India]. 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