Sagarmala Project Current Affairs, GK & News

Sagarmala Project

The key objective of Sagarmala project develop port infrastructure in India that results in quick, efficient and cost-effective transport to and from ports. It also includes establishment of rail / road linkages with the port terminals, thus providing last mile connectivity to ports; development of linkages with new regions, enhanced multi-modal connectivity including rail, inland ..

ADB approves 484 million USD for CKIC Project

The Asian Development Bank recently approved 484 million USD for CKIC (Chennai-Kanyakumari Industrial Corridor) in Tamil Nadu. About the Project The project will upgrade 590 km of state highways in the CKIC influence areas. The Climate Change adaptation measures are to be incorporated in the highway upgrades. This includes improved drainage, resizing of bridges and ..

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PM launches South Asia’s first Ro-Ro ferry service in Gujarat

Prime Minister Narendra Modi inaugurated first phase of Ro-Ro (roll-on, roll-off) ferry service between Ghogha in Bhavnagar district and Dahej in Bharuch district in the Gulf of Cambay, Gujarat. It is South Asia’s first world class Ro-Ro ferry service. Key Facts The Ro-Ro ferry services are vessels made to carry wheeled cargo (such as cars, ..

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Government funds Ro Pax Ferry Service in Gulf of Cambay under Sagarmala Programme

The Union Ministry of Shipping has sanctioned the Capital Dredging Project of Ro Pax Ferry Services between Gogha & Dahej, in Gulf of Cambay in Gujarat under Sagarmala programme. The total project cost is estimated to be Rs 234 Crore of which 50% will be funded by the Union Government under the Sagarmala programme. Significance ..

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Union Cabinet approves incorporation of Sagarmala Development Company

The Union Cabinet has approved the incorporation of Sagarmala Development Company (SDC) to give a push to port-led economic development under ambitious Sagarmala project. SDC will be incorporated under the Companies Act, 2013, with an initial authorized share capital of 1,000 crore rupees and a subscribed share capital of 90 Crore rupees. About Sagarmala Development ..

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PM Narendra Modi inaugurates Maritime India Summit 2016

Prime Minister Narendra Modi inaugurated the Maritime India Summit 2016 in Mumbai, Maharashtra. This is India’s first ever Maritime Summit and the flagship event organised by Union Ministry of Shipping. Key facts The first of its kind two day summit (from April 14 to 16, 2016) will be held at the Bombay Convention and Exhibition ..

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