Waterways are more efficient than roads: Gadkari

Government’s first priority is waterways, second railways and then comes road

Surbhi Shukla | June 8, 2016


#freight   #roads   #waterways   #Nitin Gadkari   #transportation  


 Waterways needs to be promoted more than roadways which will eventually result in nation’s development by reducing the cost of transportation, said Nitin Gadkari, minister for road transport and highways and shipping at the launch of a report on freight transportation.

“Government’s first priority is waterways, second railways and then comes road,” said the minister on June 7.  The minister added that currently six percent goods are transported through waterways and his target is to ensure at least 15 percent of goods are transported through waterways over the next five years.  
 
He also urged logistics firms to buy ships instead of trucks and told them about different schemes like tax exemption, infrastructure status given to shipbuilding. The ministry is also looking for approval from finance ministry to provide subsidy after 7 years.
 
India has 12 major ports, 200 private ports and 3 organisations, including Shipping Corporation of India and Cochin Shipyard. “We are working on developing two waterways to export iron ore from Goa  for which tenders have already been received and also the ministry is planning 8 new ports in which work for 3 ports is scheduled to begin by this year,” he said.
 
He emphasized on the importance of innovative development approach to reduce logistics cost which will increase export and create employment which would eventually contribute to increase in GDP and per capita Income. He also stressed on creating more business opportunities through transport and making it an additional source of income.
 

Comments

 

Other News

Bharatiya Bhasha Utsav, Technology & Bharatiya Bhasha Summit launched

Union Minister for Education and Skill Development & Entrepreneurship Dharmendra Pradhan Saturday launched the Bharatiya Bhasha Utsav and inaugurated the two-day Technology & Bharatiya Bhasha Summit in New Delhi. The summit aims to facilitate a seamless transition from the current education ecosyst

India retains 40th rank in the Global Innovation Index 2023

India has retained the 40th rank out of 132 economies in the Global Innovation Index 2023 rankings published by the World Intellectual Property Organization. India has been on a rising trajectory, over the past several years in the Global Innovation Index (GII), from a rank of 81 in 2015 to 40 in 2023. Inn

Vibrant Gujarat not just about branding, also an event of bonding: Modi

Prime minister Narendra Modi addressed the programme marking 20 years celebration of the Vibrant Gujarat Global Summit at Science City in Ahmedabad on Wednesday. The Vibrant Gujarat Global Summit was started 20 years ago, on September 28, 2003, under the leadership of Modi, then chief minis

AI in education: How to embrace the change (and why)

It is often said that industry is at 4.0 and education is at 2.0. To transform education in line with artificial intelligence (AI), it is imperative to adopt what companies like Google are doing. We must learn to grow along with AI as AI is going to grow. There is a need to evolve the mindsets of educators

Diamonds are Forever: A Saturday story

Saturday Stories By Rashmi Bansal HarperCollins, 176 pages, Rs 250 From the bestselling author of ‘Stay Hu

Oracle Adds AI Capabilities to Oracle Analytics Cloud

Oracle has showcased new AI-powered capabilities within Oracle Analytics Cloud. Leveraging the Oracle Cloud Infrastructure (OCI) Generative AI service, the new capabilities assist analytics self-service users to more quickly and efficiently conduct sophisticated analysis and make better business decisions

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter