India's Covid-19 tally rises to 1,01,87,850 . The Sagarmala programme is the flagship programme of the Ministry of Shipping to promote port-led development in the country through harnessing India’s 7,500 km long coastline, 14,500 km of potentially navigable waterways and strategic location on key international maritime trade routes. ; A Shipping ministry study has claimed that the project could lead to an annual saving of Rs 40,000 crore by optimizing logistics. The Sagarmala is a series of projects to leverage the country’s coastline and inland waterways to drive industrial development. 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. 400+ projects (cost: Rs. Sagarmala is an ambitious national initiative aimed at bringing about a step change in India’s logistics sector performance, by unlocking the full potential of India’s coastline and waterways. Bharatmala Pariyojana (Project) is a centrally-sponsored and funded Road and Highways project of the Government of India. Additionally, SDCL is also in the process of preparation of Detailed Project Report (DPRs) and feasibility studies for specific projects that could provide avenues for future equity investment by the company. The objective of this initiative is to promote PORT-LED DEVELOPMENT along India’s 7500km long coastline. Projects worth Rs.1 lakh Crore under various stages of implementation and development. It also includes the establishment of rail/road linkages with the … To assist in the implementation of Sagarmala projects, the Sagarmala Development Company Limited (SDCL) was incorporated on 31 August 2016, after receiving Cabinet approval on 20 July 2016, for providing funding support to project SPVs and projects in-line with Sagarmala objectives. The government of India has identified 604 projects worth USD 127 Bn under the key initiative, of which 522 are already under various stages … Each "Port-Linked Industrial Clusters" (PLIC) within CEU will have several manufacturing units. NEW DELHI: A Shipping ministry study has claimed that the ambitious Sagarmala project could lead to an annual saving of Rs 40,000 crore by optimizing logistics. The Sagarmala Project seeks to develop a string of ports around India’s coast. For India, it is 42%. What is the ultimate aim of the Sagarmala Project? The Sagarmala Development Company Limited (SDCL) has been incorporated on 31st August 2016 under the Companies Act, 2013, after obtaining approval of the Union Cabinet on 20th July 2016. Maritime sector in India has been the backbone of the country’s trade and has grown manifold over the years. A roadmap has been prepared for increasing the Indian port capacity to over 3500 million tonnes per year by 2025 to cater to the growing traffic. Technology – India is still lagging behind in the technology for creation of efficient and effective ports. Implementation of the projects identified under the Sagarmala Programme will be taken up by the relevant Ports, State Governments / Maritime Boards, Central Ministries, mainly through private or PPP mode. Sagarmala Project. It also inclu. Sagarmala Project - India's Port-led Development Programme - with the broad objectives of promoting port-led direct and indirect development and to provide infrastructure for transportation of goods to and from ports quickly and efficiently. Chaidambarnar Port Trust and Kamarajar Port Limited is under progress. sagarmala project Shipping minister Mansukh Mandaviya inaugurates 'Direct Port Entry Facility' at V.O. [5], The National Sagarmala Apex Committee (NSAC) is composed of the Minister of Shipping with Cabinet Ministers from stakeholder ministries and ministers in charge of ports in India's maritime states. It was originally mooted by the Vajpayee government in 2003 as the waterways equivalent of the Golden Quadrilateral. Heavy Haul Rail Corridor Project between Talcher & Paradip. As part of Sagarmala Programme, more than 574 projects (Cost: Rs. The projects [under the programme] could create one crore new jobs, including 40 lakh direct jobs, in the next 10 years. Sagarmala Project. For India, it is 42%. It aspires to reduce logistics costs for export/import and domestic cargo leading to overall cost savings of INR 35,000 to 40,000 cr. The Sagarmala project also aims to shift the movement of coal to the coastal route, which would cut down electricity costs by up to 35 percent. “The project includes modernisation of our ports and islands, setting up of coastal economic zones, new major ports and fish harbours. Each CEZs will also create synergy with industrial corridors passing through the region, such as Delhi–Mumbai Industrial Corridor Project, Mumbai-Bangalore economic corridor, Dedicated Freight Corridor, Chennai Bangalore Industrial Corridor, Visakhapatnam–Chennai Industrial Corridor and Amritsar Delhi Kolkata Industrial Corridor, etc. Sectors targeted for manufacturing units are maritime and inland waterways, water transport, coastal and cruise shipping, and solar and wind energy generation, auto, telecom and IT, etc. The Sagarmala project aims to improve this. have been identified for implementation, during 2015-2035, across the areas of port modernization & new port development, port connectivity enhancement, port-linked industrialization and coastal community development. 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. The NSAC approved the overall National Perspective Plan (NPP) and regularly reviews the progress of implementation of these plans.[6][7]. [14], Of the 51, ₹44,600 crore (equivalent to ₹480 billion, US$6.7 billion or €6.2 billion in 2019) port connectivity rail projects, 11 projects are already complete and rest are under execution. Under the Sagarmala initiative, the Government plans to develop six new ports across five coastal states of India. The vision of the programme is to reduce logistical costs and time for the movement of EXIM (export-import) and domestic cargo. For ex. 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. 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… Sagarmala Project - Details PDF, Cost, Location, Images and Videos. Sagarmala project not only helps in port led development and trade but it will also enhance employment opportunity, increase foreign exchange earnings for country. Renew vehicle papers by Dec 31 or face penalty; Farmers … 6.01 Lacs Cr.) The Sagarmala project will be implemented as well as all development activities will be taken up by the relevant ports, ministries, state governments, maritime boards through a PPP model. The Programme aimed to exploit India's vast coastlines and industrial waterways to drive industrial development. 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. 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. per annum. 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. ", "Sagarmala Project proposes 14 coastal economic zones across India. Rs. Updated: Dec 27, 2020, 10.36 AM IST. 242.92 Crore released for 14 projects under Sagarmala; Some of the projects are: Rs.58.5 Crore released for capital dredging for #Gogha-Dahej ROPax Ferry Services project. To rope in maritime states under the ambitious Sagarmala project that envisages port-led development to help lift India’s GDP growth by two per cent the Union Shipping ministry on 5 October 2015 lined up Rs 70,000 crore for upgradation of major ports. Under Sagarmala Project, 415 projects, at an estimated investment of approximately 7.98500 Lakh crore (US$120 billion), have been identified across port modernization & new port development, port connectivity enhancement, port-linked industrialization and coastal community development for phase wise implementation over the period 2015 to 2035. Along with this, an inefficient inter-modal transport connectivity results in high cost of logistics and exports. The Sagarmala National Perspective Plan was released by the Prime Minister on 14-April-2016[9] at the maiden Maritime India Summit 2016, with details on Project Plan and Implementation.[10]. Projects under Sagarmala As part of Sagarmala Programme, more than 574 projects (Cost: Rs. Under Sagarmala Programme, the endeavor is to provide enhanced connectivity between the ports and the domestic production/consumption centres. Projects Under Sagarmala As part of Sagarmala Programme, more than 574 projects (Cost: Rs. Aggarwal said that as part of Sagarmala, estimated to cost over Rs 8 lakh crore, 562 projects would be taken up in the country between 2015 and 2035. have been identified for implementation, during 2015-2035, across the areas of port modernization & new port development, port connectivity enhancement, port-linked industrialization and coastal community development. The Indian Port Rail Corporation Limited (IPRCL) was incorporated on 10 July 2015 to undertake the port-rail connectivity projects under Sagarmala Programme. Sagarmala, a key initiative launched by the Ministry of Shipping in 2016 aims to achieve port-led prosperity. Projects under Sagarmala As part of Sagarmala Programme, more than 574 projects (Cost: Rs. GS 3 – Infrastructure – Ports. "Development of low-cost non-major ports along the coastline outside customs notified areas to cater to coastal traffic exclusively would be encouraged under the Sagarmala project, through the respective state/maritime boards, as has been done in the UK and Japan," it said. The share of merchandise trade in GDP for Germany is 75%, and for European Union it is 70%. This includes port operational efficiency improvement, capacity expansion of existing ports and new port development. The programme envisages unlocking the potential of waterways and the coastline to minimize infrastructural investments required to meet these targets.[1][2]. The Sagarmala Programme is an initiative by the government of India to enhance the performance of the country's logistics sector. Along with this, an inefficient inter-modal transport connectivity results in high cost of logistics and exports. India has been recognized as one of the fastest growing major economies in the world with a growth rate of 7-8 percent per annum. Need for Sagarmala Project. Under Sagarmala Programme, 577 projects, at an estimated investment of approximately ₹8.570500 lakh crore (equivalent to ₹9.2 trillion or US$130 billion in 2019), have been identified across port modernization & new port development, port connectivity enhancement, port-linked coastal economic zone industrialization and coastal community development for phase wise implementation over the period 2015 to 2035. Technology – India is still lagging behind in the technology for creation of efficient and effective ports. 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… The Sagarmala Project seeks to develop a string of ports around India’s coast.

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