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Government initiatives:
♤ Inland waterway projects will be developed with PPP and infusion of FDI.
♤ The Union government is working on a strategy to increase the movement of goods and passengers through waterways by nearly five-fold from a mere 3.5% now to 15% by 2019.
♤ To encourage transportation of goods by coastal shipping, service tax has been brought on par with road and rail transport.
♤ RIS has been launched to facilitate safe, accurate navigation.
♤ The National Waterways Act 2016 identifies 101 waterways as national waterways, in addition to the five existing.
♤ Pradhan Mantri Jal Marg Yojna launched to provide dry ports and satellite port to landlocked states and convert rivers into waterways.
♤ The ‘Jal Marg Vikas’ project will develop a fairway with 3 meters depth to enable
bigger commercial navigation vessels.
♤ Sagar Mala to connect ports to inland through rail, road and inland waterways.