In news– The government’s flagship Sagarmala program has completed seven years recently.
- It is the flagship programme of the Ministry of Ports,Shipping and Waterways(MoPSW) launched in March 2015 to promote port-led development in the country through harnessing India’s 7,500 km long coastline, 14,500 km of potentially navigable waterways and strategic location on key international maritime trade routes.
- The main vision of the Programme is to reduce logistics cost for EXIM and domestic trade with minimal infrastructure investment.
- Its objectives are to achieve port modernization & new port development, port connectivity enhancement, port-led industrialization and coastal community development.
- The program has followed a stepped approach of implementation with first attempt on implementing the maritime projects through Public Private Partnership (PPP) wherever feasible.
- Projects which have high social and economic quotient but low IRR are being implemented through funding support under the Sagarmala program.
- The financial assistance is provided to State Governments and other MoPSW agencies for port infrastructure projects, coastal berth projects, Road & Rail projects, fishing harbours, skill development projects, Coastal community development, cruise terminal and unique projects such as Ro-Pax ferry services etc.
Components of the programme-
- Port Modernization & New Port Development: Debottlenecking 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 Development: Promoting sustainable development of coastal communities through skill development & livelihood generation activities, fisheries development, coastal tourism etc. Main features of the Coastal Community Development plan consists of below:
- Skill development.
- Coastal tourism.
- Development of fishing harbors.
- R&D in the port and maritime sector.
- Coastal Shipping & Inland Waterways Transport: Impetus to move cargo through the sustainable and environment-friendly coastal and inland waterways mode.
- The Ministry showcased that 802 projects worth Rs. 5.48 lakh Crore under the Sagarmala program targeted to be executed by 2035 out of which 194 projects worth Rs. 99,000 Crore have been completed.
- Several projects have been undertaken across various categories such as port modernization, rail, road, cruise tourism, RORO, ROPAX, fisheries, coastal infrastructure and skill development.