Sagarmala

Sarbananda Sonowal called the Sagarmala Finance's move to turn into an NBFC as a 'major milestone' in India’s maritime journey. Centre has been talking about strengthening the maritime sector as a key growth pillar of the economy.

Logistics sector: Cruising along the road to profitability

Aided by industry tailwinds and increased economic activities, the logistics sector is set to grow at a healthy rate

Explained | Why PM Gati Shakti National Master Plan is crucial for infrastructure push

Launching the Gati Shakti initiative, PM Modi said that due to the wide gap between macro planning and micro implementation, problems of lack of coordination, lack of advance information, thinking and working in silos were leading to hampered construction and wastage of budget.

PM Modi launches GatiShakti master plan for national infrastructure development

PM GatiShakti is a National Master Plan for multi-modal connectivity to economic zones, a digital platform which will bring 16 ministries including rail and roadways together for integrated planning and coordinated implementation of infrastructure connectivity projects.

Explained | What is Inland Vessels Bill 2021 and how does it benefit the country?

The government expects the new law to remove bottlenecks for vessel movement within the country but experts say that while this would benefit MSMEs, Indian waterways need to be developed further and made navigable throughout the year for proper industrial use

India’s average ship turnaround time at major ports improves

Ports are considered to be the major growth engines of a country and efficient port management with faster turnaround time holds the key to a nation’s economic development.

Budget 2020 | Govt may increase capital outlay in infra, give roadmap for NIP: ICRA

Over the last few years, as the NHAI has significantly scaled up the pace of highway infrastructure development, ICRA expects the allocation to increase by at least 40%

Budget 2019: Piyush Goyal rides on electric vehicles, waterways to achieve 'Vision 2030'

The interim finance minister laid out a 10 point agenda for the next decade to make India fifth largest growing country in the world.

Budget 2019: No support for CEZ, fiscal allocation to ship min down by 2%

As part of Sagarmala Programme, more than 400 projects have been identified for implementation, during 2015-2035, across the areas of port modernisation and new port development, port connectivity enhancement, port-linked industrialisation and coastal community development. Out of these, 199 focus projects are phased out up to 2019

Chabahar port may be delayed due to US-Iran tussle, says Deloitte's public sector leader

In conversation with Moneycontrol, Vishwas Udgirkar said the Chabahar port project was "great" and could have helped India

Shipping Min prepares '42-point agenda' to simplify export-import operation at ports

The list, shared exclusively with Moneycontrol, has 42 areas to “reduce cost and dwell-time of cargo” at clearance points at ports. Of these, 20 amendments relate to exports and 22 relate to imports

Centre pegs investment under Sagarmala at Rs. 3 trillion during 2018-19, expects to add projects worth Rs. 1.1 trillion in a year

According to an official, about 100 projects are targeted to be completed during the current year while about 180 projects will be awarded

Centre to bring policy to regulate setting up of Coastal Economic Zone under Sagarmala

The policy is expected to come out during the current financial year and will focus on areas like land acquisition, incentives to investors and issues related to port connectivity

Wish to start five star cruises in Ganga: Nitin Gadkari

Moneycontrol caught up with union minister of Road Transport and Highways, Shipping and Water resources, River development and Ganga rejuvenation to talk about infrastructure developments in the country, road map for 2018 and push towards waterways as a means of transportation.

Budget 2018: Sagarmala gets a Rs 168 crore push as FM puts CEZs and port development on fast track

As part of Sagarmala Programme, more than 400 projects have been identified for implementation, during 2015-2035 period

Centre targets investment of Rs 8 lakh crore under Sagarmala by 2020

Sources from the government said that the government has received an investment of a little over Rs two lakh crore this fiscal under various projects of Sagarmala

Here’s why giving infrastructure status to the logistics sector is a great move

By bringing logistics at par with roads in term of its status, the government has provided the necessary platform for development. It remains to be seen if the private sector bites the bullet and participates in the development of a logistical backbone

Want to integrate Bharatmala and Sagarmala: Gadkari

Around 2,100 kilometre of coastal roads have been identified to be built along the 7,500 km coastline

Mercator eyes slice of Rs 12,000 cr dredging job under Sagarmala

"As one of the largest private sector dredging companies in India, our extensive experience would surely help us get a slice of this business. Pipelines for upcoming contracts are strong and growing," Mercator Chairman H K Mittal said.

PM announces Rs 12,000 cr investment in 8 highways in Gujarat

Prime Minister Narendra Modi today announced investment of Rs 12,000 crore in upgrading eight state highways to National Highways in Gujarat as part of efforts to boost infrastructure development and job generation in the state.

Multi modal hubs, mass rapid electric transport soon: Gadkari

After award of a record Rs 4.5 lakh crore contracts in the highways sector, a multi-modal transport planning comprising airports, railways, bus stations and waterways will be implemented in a big way, Union Minister Nitin Gadkari today said.

Govt to execute Rs 5 lakh-cr Sagarmala projects by May 2019

Government today said it will try to implement projects worth over Rs 5 lakh crore under the ambitious Sagarmala initiative before completion of its tenure in May 2019.

Coastal shipping can hand steel cos Rs 6,500 cr annual savings

Traditionally, steel plants in India are set up near the raw material source, with almost 85 per cent of the capacity following this pattern, a government report on the Sagarmala project said.

Nod to Sagarmala Dev Co with Rs 1,000 cr authorised share cap

Sagarmala Development Company (SDC) will provide equity support to the project Special Purpose Vehicles (SPVs) and funding support to the residual projects under the Sagarmala Programme, the Ministry of Shipping said in the statement.

Govt eyes Rs 25 lakh cr infra investments to create 4 cr jobs

Government expects investments worth Rs 25 lakh crore in the infrastructure sector by 2019 which will help generate 4 crore jobs, Union Minister Nitin Gadkari has said.