The loading-unloading processes are cumbersome. Sagarmala. The population in adjoining areas would be sufficiently skilled to participate in economic opportunities on offer. The project will identify suitable port locations with deep drafts to enhance shipping and port handling capacity. Vision of the Sagarmala Programme is to reduce logistics cost for EXIM and domestic trade with minimal infrastructure investment. 2.44 Lac Crore have been identified. Vision of the Sagarmala Programme is to reduce logistics cost for EXIM and domestic trade with minimal infrastructure investment. The members of NSAC who attended the meeting include Arvind Pamagariya,Vice Chairman of NITI Aayog; Andhra Pradesh Chief Minister, N Chandrababu Naidu, Petroleum Minister Dharmendra  Pradhan and many others. While cost differential between India and China is not significant on a per tonne km basis, China still has a lower container exporting cost, than the cost in India, due to lower lead distances . Secondly, last mile connectivity to the ports is one of the major constraints in smooth movement of cargo to/from the hinterland. Enter your email address to subscribe to this blog and receive notifications of new posts by email. Vision of the Sagarmala Programme is to reduce logistics cost and time for the movement of EXIM and domestic cargo. SagarMala is a scheme in India with 96 projects across various states worth USD 8.57 bn. 70,000 crore in the coming years. Turnaround time (TAT) at major ports was approximately 4 days in 2014-15, whereas global average benchmark is 1-2 days. Sagarmala Project Details 2019. 8.5 trillion (US$120 billion or €100 billion) investment for setting up of new mega ports, modernization of India's existing ports, development of 14 Coastal Employment Zones (CEZs) and Coastal Employment Units, enhancement of port connectivity via road, rail, multi-modal logistics parks, pipelines & waterways and promote coastal community development, resulting in boosting merchandise exports by US$110 billion, and generation of around 10,000,000 direct and indirect jobs. Development and linking of short-sea shipping, coastal shipping and inland waterways transportation will get the due attention. As part of the programme, a National Perspective Plan (NPP) for the comprehensive development of India’s coastline and maritime sector has been prepared which was released by the Hon’ble Prime Minister, on 14th April, 2016 at the Maritime India Summit 2016. 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. All efforts would be made to implement those projects through the private sector and through Public Private Participation (PPP) wherever feasible. ; A Shipping ministry study has claimed that the project could lead to an annual saving of Rs 40,000 crore by optimizing logistics. Interesting Indian Inventions and Discoveries That Are Universally Accepted, Online Distance Learning Through Open Universities in India, 10 Ayurvedic medicines for weight loss without side effects. Sir what possition of setusamundram project…? Any programme for port-led development needs to consider the above mentioned factors to effectively harness the potential of India’s long coastline. These projects will be taken up by the relevant federal ministries/agencies and state governments, preferably through private sector participation or public-private-partnerships (PPP). The government is also planning to develop 30 years in the current fiscal year at the cost of Rs. Enhanced development of offshore drilling and storage platforms is another objective of the 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. However, more than 90% of coal currently moves via railways. Part of the SagarMala Programme, a government initiative originally started in 2015 aimed at unlocking the … India is one of the fastest growing large economies in the world with a GDP growth rate of 7.5% in 2015-16 and ports play an important role in the overall economic development of the country. Today, most ports lack adequate cargo handling infrastructure. 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. The project will undertake redevelopment of existing port infrastructure through upgrade in port handling equipment and extensive use of IT in improving monitoring and operations of port activity. Sagarmala Project initiative was conceived by the Government of India to address the challenges and capture the opportunity of port- led development comprehensively and holistically. 14,225 crore. It is estimated that reduction of 12.5 MT in total CO2 emission (2.5% of current emission through transport sector) and 1 Million KL in liquid fuel consumption (1.5% of current liquid fuel consumption by transport sector) can be achieved via modal mix optimization. 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. The government has identified 1,208 islands for development along with 189 light houses. These cost savings apply to current industrial capacities as well as future coast proximate capacities for energy, material, marine and discrete industries that could come up through port-linked industrialization. Pradhan Mantri Awas Yojana (PMAY) The concept and objectives of SagarMala is to reduce logistics cost for EXIM and domestic trade with minimal infrastructure investment It also aspires to develop coastal economic zones and economic units. The Sagarmala Programme is an initiative by the government of India to enhance the performance of the country’s logistics sector. Therefore, it is only natural that Indian ports handle 90% of the export-import trade volume. Details of Ahmedabad – Gandhinagar Metro Rail Project Phase-II and Surat Metro Rail Project ahead of Shilanyas by PM Modi Wearing mask mandatory even if you are alone in car and driving Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) A significant share of this cargo experiences “idle time” during its transit to the ports due to capacity constraints on highways and railway lines connecting ports to production and consumption centers. What is the main objective of Sagarmala Seaplane services? Sagarmala aspires to reduce logistics costs for EXIM and domestic cargo leading to overall cost savings of INR 35,000 to 40,000 cr. 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. This contradiction reflects the vast potential for development of coastal cities and ports. Giving boost to economic activity near coastal locations, Coastal Economic Zones (CEZs) will be established. It is the Partner project of Make in India. This is likely to boost both domestic and international tourism significantly. Under Sagarmala Programme, endeavor is to provide enhanced connectivity between the ports and the domestic production/consumption centres. DigiLocker 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. “The project includes modernisation of our ports and islands, setting up of coastal economic zones, new major ports and fish harbours. MUDRA Bank Yojana The NPP will endeavour to synergise and integrate the CEZs with various existing government development initiatives like the National Highways Development, Inland Waterways, Smart Cities, SEZs, Industrial Corridors and Dedicated Freight Corridors. Supporting port-led development with pro-active policy initiatives and providing institutional framework to assist all stakeholders. In consideration of the above, National Waterways 1, 2, 4 and 5 can be developed to play an important role in transportation. The project also seeks to boost infrastructure for transporting goods to and from ports quickly, efficiently, and cost-effectively. 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