For example, operational efficiency of Indian ports has improved over the years but still lags behind the global average. The concept of Sagarmala was approved by the Union Cabinet on 25th March 2015. Sagarmala Project; Country: India: Prime Minister(s) Narendra Modi: Ministry: Ministry of Ports, Shipping and Waterways (India) Key people: Kailash Agarwal,Bhushan Kumar [Joint Secretary of Ministry Of Shipping,India] IRS(E) Established: 31 July 2015; 5 years ago () Status: Active: Website: sagarmala.gov.in Hence infrastructure at ports and supporting infrastructure using rail/road and waterways to facilitate coastal movement are being created. The panel will comprise members of relevant departments and agencies. Part of the SagarMala Programme, a government initiative originally started in 2015 aimed at unlocking the … road and rail, wherein, domestic waterways (coastal shipping and inland waterways) playing a very limited role. Published on: July 5, 2015 | Updated on: May 10, 2016, Select from the Drop Down to view archives. Development of port-proximate industrial capacities near the coast, in future, is a step in this direction. Enhanced development of offshore drilling and storage platforms is another objective of the project. Pahal Scheme Funds requirement for starting the implementation of projects in the initial phase of Sagarmala Project is projected at Rs. Pradhan Mantri Krishi Sinchai Yojana Introduction. The project aims to harness the 7500 km long coastline of the country to unleash its economic potential. Which States Share Boundaries with Pakistan? Around 87% of Indian freight uses either road or rail for transportation of goods. 189 projects with a projected cost of USD 21 Billion have been identified. The need exists as does the opportunity to develop India’s coastal potential and while it was Atal Bihari Vajpayee who dreamt of it, the credit for its launch and implementation will remain with PM Modi. It also aspires to develop coastal economic zones and economic units. Sagarmala aspires to reduce logistics costs for EXIM and domestic cargo leading to overall cost savings of INR 35,000 to 40,000 cr. Secondly, last mile connectivity to the ports is one of the major constraints in smooth movement of cargo to/from the hinterland. It entails Rs. The Sagarmala Project was initiated by the Government of India to promote port-led development in India. These include development of dedicated coastal berths, bunkering and storage at ports and creation of supporting hinterland transport infrastructure with last mile connectivity. All efforts would be made to implement those projects through the private sector and through Public Private Participation (PPP) wherever feasible. The central government proposes to establish Sagarmala Development Company (SDC), under the Companies Act 1956, that will extend equity support to SPVs operating in various states. An Inter-Ministerial Committee (IMC) was constituted under the aegis of NITI Aayog for development of CEZs in India. For India, it is 42%. Swachh Bharat Abhiyan: Making India Clean & More, Pl.let me have follow up comments & new posts by email. The loading-unloading processes are cumbersome. As per the approved implementation plan of Sagarmala scheme, these projects ar… Sagarmala Project. Significant savings can be achieved by shifting movement of industrial commodities like coal, iron ore, cement and steel to coastal and inland waterways. As recommended by IMC, the institutional framework for development of CEZs would be similar to the institutional framework adopted by DMICDC for development of industrial corridors and industrial nodes. Sir what possition of setusamundram project…? Sagarmala Programme is large transport and logistics project in India. In consideration of the above, National Waterways 1, 2, 4 and 5 can be developed to play an important role in transportation. The vision of Sagarmala is to reduce logistics cost for both domestic and EXIM cargo with optimized infrastructure investment. Sagarmala projects highlights, feature, aims, latest financial assistance details Key highlight of Sagarmala projects, beneficiaries The project under Coastal Berth Scheme of the flagship Sagarmala Programme is distributed over eight states with the highest number of projects. To accelerate the CEU development process, it is proposed that CEUs be prioritized in locations where land parcels are available in areas close to a deep draught port and with strong potential for manufacturing. The Sagarmala project aims to improve this. They would be supported by efficient and modern port infrastructure and seamless multi modal connectivity. It was a significant development in India’s growth story. For promoting port-led industrialization, 14 Coastal Economic Zones (CEZs) covering all the Maritime States and Union Territories have been proposed. In India, smooth connectivity to ports is even more important as the cargo generating centers are mainly in the hinterland instead of in the coastal region. Sagarmala project is a strategic and customer-oriented initiative of the Government of India to modernize India's Ports so that portled development can be augmented and coastlines can be developed to contribute in India's growth. Sagarmala project to be ready in 5 years: Gadkari Indian ports and coastal regions are set to witness a sea change, thanks to the ambitious Sagarmala project mooted by the Centre. On 25 March 2015, the Union Cabinet, chaired by Prime Minister Narendra Modi, gave the final nod to proceed with the Sagarmala Project and prepare the concept and institutional framework. Each stakeholder state will have a State Sagarmala Committee (SSC) that will be headed by the Chief Minister or the Minister in charge of Ports. Each CEZ will consist of multiple CEUs and more than one industrial cluster can be housed within a CEU. DigiLocker per annum. Approximately 95 % of India’s merchandise trade (by volume) passes through sea ports. Today, most ports lack adequate cargo handling infrastructure. Which ministry is implementing the Sagarmala Seaplane services? The present government has therefore prioritised the development of coastal cities, along with existing and new port development, as … Under the Federal structure, the states will play a major role in implementing and facilitating development in their respective areas. Which States have been Given Special Provisions by the Constitution of India? Reduction in logistics cost will give impetus to our manufacturing sector and enhance export competitiveness. 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. Why Leadership Skills in Women Matter to Raise Achievers in The Family, Here are India’s Richest Million Dollar CEOs, The Ultimate Career Opportunities for Homemakers; Work from Home is Possible. Pradhan Mantri Awas Yojana (PMAY) However, Indian ports still have to address infrastructural and operational challenges before they graduate to the next level. This includes: Reducing cost of transporting domestic cargo through optimizing modal mix; Lowering logistics cost of bulk commodities by locating future industrial capacities near the coast The optimised modal mix using inland waterways and coastal shipping would not only reduce logistics cost but also cut down emissions, reduce energy and fuel consumption. 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