Inland Waterways Authority of India (IWAI) made public 13 standardised state-of-the-art ship designs suitable for large barge haulage on river Ganga (National Waterway-1). This marks attaining a critical milestone in the growth of the country’s Inland Water Transport (IWT) sector.
It will serve as an enabler for domestic shipbuilding industry working on inland vessels and open huge possibilities for cargo and passenger movement on National Waterway-1. The Government is implementing Jal Marg Vikas Project (JMVP) for capacity augmentation of navigation on NW-1 (Varanasi-Haldia stretch) at a cost of Rs 5369.18 crore with the technical assistance and investment support of the World Bank.
Source- DD News
Static/Current Takeaways Important for Indian Bank PO Exam 2018-
- Nitin Jairam Gadkari is the Minister of Road Transport and Highways and Minister of Shipping.