Ministry of Ports Shipping and Waterways has formulated a plan under the Sagarmala Programme for carrying out “Holistic Development of Coastal Districts” .
- Briefing the media after the meeting of the National Sagarmala Apex Committee (NSAC) he said after multiple consultations with stakeholders, the Ministry has identified a total of 567 projects under convergence mode with an estimated cost of Rs. 58,700 Crore.
- Sagarmala is Port-led and focusses on the logistic cost reduction and EXIM competitiveness, Holistic Development of Coastal Districts aims to bridge the gaps in infrastructure at the coastal areas and improve economic opportunity.
- The minister said with addition of projects identified in Holistic Development of Coastal Districts and new project proposals received under Sagarmala, total number of projects stands at 1537 worth Rs. 6.5 lakh crore.
National Sagarmala Apex Committee (NSAC)
- The National Sagarmala Apex Committee (NSAC) is the apex body providing policy directions and guidance for port led development-Sagarmala projects and reviews its implementation.
- The NSAC was constituted on 13.05.2015 by the Union Cabinet and is chaired by Minister for Ports, Shipping & Waterways with Cabinet Ministers from stakeholder central Ministries and Chief Ministers & Administrators of Maritime States and Union territories respectively as members.
Sagarmala project
- The Union Cabinet on 25th March 2015 gave its ‘in-principle’ approval for the concept and institutional framework of Sagarmala Project.
- The prime objective of the Sagarmala project is 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 Sagarmala programme is the flagship programme of the Ministry of Ports, Shipping and Waterways 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.
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