Port Modernization and Inland Waterways Connectivity via Sea Planes
Ministry of Shipping got a fiscal support of Rs 1,881.13 crore for financial year 2018–19, up by 19.95%. The allocation was Rs 1,568.21 crore last year. Centre’s flagship programme for port development and modernization, Sagarmala, got Rs 600 crore for this year. It was 480 crore last year. The 20 year programme, from 2015–2035, plans to modernise and develop ports at an investment of Rs. 8 lakh crore. Government will also make necessary framework for encouraging investments in sea plane activities thus boosting the inland waterways connectivity.
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