Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal unveiled a major policy for cargo promotion – ‘Jalvahak’ – incentivising movement of long haul cargo via National Waterways (NW) on rivers Ganga, Brahmaputra and Barak.
Jalvahak scheme incentivises long-haul cargo on NW1, NW2 and NW16 (river Barak) and provides an opportunity for the trade interests to explore movement of cargo via waterways with positive economic value proposition.
The Jalvahak scheme offers reimbursement of up to 35 per cent of total operating expenditure incurred while transporting cargo via waterways on NW 1, NW 2 and NW 16 via the IBP route.
The scheme encourages cargo owners to hire vessels owned or operated by organisations other than Inland Waterways Authority of India (IWAI) or Shipping Corporation of India Limited (SCIL).
