Union Minister for Road Transport, Highways and Shipping Nitin Gadkari chaired a review meeting of the Sagarmala initiative. Sagarmala initiative aims at promoting port-led development along India’s 7500 km long coastline. The Union Ministry of Shipping has been appointed as the nodal ministry for this initiative.
Gadkari emphasised on de-congesting the road and rail network in India by using inland waterways and coastal shipping and the economic and environmental benefits from the same.
The meeting covered the possible actions to be taken for achieving the objectives of overall logistics cost reduction using water-ways and port-led development in the country.
The meeting also witnessed discussions on potential for developing a world-class Transshipment port in India and promoting the usage of coastal shipping and inland waterways for transporting key commodities like coal, iron-ore, food-grains and petroleum products between the origin and the destination.
The meeting also covered the timeline for developing a masterplan for the capacity expansion in the existing major ports and creation of new ports with the objective of coast and logistics optimisation.