Maritime states to get central aid for port development, waterways, coastal shipping

Press Trust Of India Mumbai/ Ahmedabad
Last Updated : Feb 18 2013 | 9:02 PM IST
Union Shipping Ministry is coming up with a scheme to offer assistance to State Maritime Boards (SMBs) for creation of infrastructure for development of ports, inland waterways and coastal shipping.

The scheme seeks to offer financial aid for capital dredging, coastal jetty, Inland Waterways Transport (IWT) jetties and preparation of Detailed Project Reports (DPRs) for infrastructure development, a Gujarat Maritime Board (GMB) official has said.

A draft in this regard has been prepared by a committee headed by the Managing Director of Indian Ports Association (IPA), the official, who is a member of the panel, said. The scheme envisages 50 per cent Central support with cap of Rs 50 crore for projects on capital dredging and setting up of coastal jetty, and 50 per cent grant for developing IWT jetties with cap of 25 crore, he said.

A provision of Rs 50 lakh has been recommended for the preparation of detailed project reports (DPRs), he added.

During 12th Five-Year Plan (2012-17), the non-major ports have projected a total dredging requirement of 543.61 million cubic meters (MCM), of which 418.03 MCM is for capital dredging, according to the scheme draft.

Every year, maritime states can formulate two projects relating to capital dredging (carried out to create a new harbour, berth or waterway, or to deepen existing facilities in order to allow larger ships access) and creation of coastal berths for getting grant from the Centre.
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First Published: Feb 18 2013 | 8:37 PM IST

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