Sagarmala | All you wanted to know about Sagarmala | Mega Projects In India

Sagarmala | All you wanted to know about Sagarmala| Mega Projects In India

Concept & Objectives
Vision of the Sagarmala Programme is to reduce logistics cost for EXIM and domestic trade with minimal infrastructure investment. This includes:
Reducing cost of transporting domestic cargo through optimizing modal mix
Lowering logistics cost of bulk commodities by locating future industrial capacities near the coast
Improving export competitiveness by developing port proximate discrete manufacturing clusters
Optimizing time/cost of EXIM container movement
Components of Sagarmala Programme are:
Port Modernization & New Port Development: De-bottlenecking and capacity expansion of existing ports and development of new greenfield ports
Port Connectivity Enhancement: Enhancing the connectivity of the ports to the hinterland, optimizing cost and time of cargo movement through multi-modal logistics solutions including domestic waterways (inland water transport and coastal shipping)
Port-linked Industrialization: Developing port-proximate industrial clusters and Coastal Economic Zones to reduce logistics cost and time of EXIM and domestic cargo
Coastal Community DevelopmentPromoting sustainable development of coastal communities through skill development & livelihood generation activities, fisheries development, coastal tourism etc.
Coastal Shipping & Inland Waterways TransportImpetus to move cargo through the sustainable and environment-friendly coastal and inland waterways mode.

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