Ports Current Affairs, GK & News

India-Bangladesh sign Inland Water Transit and Trade Protocol

May 21, 2020

On May 20, 2020, India and Bangladesh signed the second Addendum of the Inland Water Transit and Trade Protocol in Bangladesh. Highlights Under the new protocol, the countries can ply on designated protocol route. Also, movement of shallow draft mechanized vessels have been allowed between Dhubri (India) and Chilmari (Bangladesh). This is being considered as ..

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GoI allocates Rs 1,480 crores to National Technical Textiles Mission

March 19, 2020

On March 19, 2020, the Minister of Textiles Smt Smriti Irani presented the details of National Technical Textiles Mission at Rajya Sabha. The GoI has allocated Rs 1,480 crores for the mission National Technical Textiles Mission The Mission aims to improve technical textiles in India. The mission is to be implemented for a period of ..

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Facts Box: Major Port at Vadhvan, Maharashtra

March 7, 2020

The Union Cabinet recently approved the proposal to set up major port at Vadhvan in Maharashtra. The GoI has sanctioned Rs 65,545 crores for the project. Highlights The port is being set up to achieve GoI target of developing infrastructure projects of worth 100 lakh crore rupees. The port will handle 16,000 to 25,000 TEUs ..

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India’s 13th major port to be set up in Maharashtra

February 6, 2020

The Union Cabinet of India recently approved to set up 13th major port of India, at Vadhavan in Maharashtra. The project is to entail a total cost of Rs 65,544 crore. The government is expected to hold 51 per cent stake in the project of the new port. All related business activities would be done ..

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Cabinet approves to set up Vardhavan port in Maharashtra

February 6, 2020

On February 5, 2020, the Union Cabinet approved to set up the Vardhavan port in Maharashtra. The port is to be developed in “Landlord Model”. The Jawaharlal Nehru Port Trust will act as the lead partner in developing the port. Highlights With the development of Vardhavan port, India will enter into the category of countries ..

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First BIMSTEC Ports Conclave at Visakhapatnam

November 6, 2019

Between November 7 and November 8, 2019, the Ministry of shipping is hosting the first ever BIMSTEC Ports’ Conclave. The Bay of Bengal Initiative for Multisectoral Technical and Economic Cooperation is an international organization that involves South East Asian and South Asian countries. India’s growing interests in the region makes the conclave crucial and significant. ..

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