Under the Sagarmala Programme of the Indian Ministry of Shipping, five reports have been prepared to provide the implementation of a roadmap for holistic port-led development in the country and to engage with various stakeholders.
The reports have been posted on the Ministry of Shipping’s website and it is reaching out to relevant stakeholders to apprise them of the findings and recommendations in these reports and to obtain relevant feedback.
The reports include the cargo traffic projections in the ports and related logistics bottlenecks, plans for port capacity enhancement, perspective plans for the Coastal Economic Zones proposed under Sagarmala and the policy level recommendations to make port-led development successful in India.
The Sagarmala Programme aims to change the way logistics evacuation happens in India, make Indian manufacturers globally competitive, boost overall economic development through ports and empower coastal communities.
The vast scope of Sagarmala implies that active participation of and support from key stakeholders (Central Ministries, State Governments, Industry Bodies and other agencies) is essential for the success of the programme.
PTI previously reported that the Union Cabinet of India had approved the incorporation of the Sagarmala Development Company, who will provide equity support for the project’s Special Purpose Vehicles.
This followed news that, under the port-connectivity enhancement objective of the Sagarmala programme, the Indian Ministry of Railways will be taking up 21 port-rail connectivity projects.