Coastal Economic Zones

Both the minimum and maximum will remain below normal in Southern Peninsular and Central India in these winter months.

The telecom regulator has also proposed a new data centre readiness survey for states and a new national body for digitisation, sharing and monetisation of data

"Coastal security being a major sub-set of coastal defence, the concept of 'Exercise Sea Vigil' is to activate the coastal security apparatus across India," stated the Ministry of Defence

Odisha government sought modification in provisions of draft Indian Ports Bill-2021 to address the concerns of coastal states

Nearly 34% of India's coastline was under varying degrees of coastal erosion, noted a report by the National Centre for Coastal Research, Ministry of Earth Sciences.

Globally, municipal bonds are an established and major source of funding for urban infra. However, the municipal bond market is quite underdeveloped in India, notes Vinayak Chatterjee

The majority of maritime projects, which are a mix of port modernisation, capacity enhancement, cruise terminals, port connectivity and coastal shipping, would be executed in the next five years

The shipping ministry is implementing the CEZs under the government's ambitious Sagarmala programme

The Centre's ambitious plan of setting up coastal economic zones (CEZ) has hit a sandbank. Non-availability of contiguous land parcels with the states along with huge acquisition and subsequent compensation costs are delaying the execution of the project, according to sources.In July 2016, under the Sagarmala programme, the government had announced setting up 14 CEZs, to be aligned to relevant ports in the maritime states and house coastal economic units for setting up manufacturing facilities. The CEZs will host big manufacturing and export-oriented units. These would include labour-intensive industries such as clothing, footwear, electronics as well as electrical and light manufacturing to tap foreign markets. The proposed CEZs are likely to be bigger in size than special economic zones (SEZs).But, according to an official in the know, the delay in setting up the CEZs was due to the complexities in finalising land by the states. In response to a Business Standard query, a shipping ..