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Inland Waterways Authority
The Inland Waterways Development Council (IWDC), apex meet for policy deliberation for the promotion and propagation of inland waterways in India, witnessed major announcements to boost infrastructure along national waterways, a release said on Friday.According to the release, the second meeting of IWDC, organised by the Inland Waterways Authority of India (IWAI), the nodal agency for the development of waterways under the Ministry of Ports, Shipping & Waterways (MoPSW), announced investments of more than RS 50,000 crore in the next five years. A series of new initiatives across 21 Inland Waterway States were announced worth more than Rs 1400 crore, on the occasion. The meeting was presided over by the Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal.The IWDC began with a traditional lamp lighting ceremony by the Chief Minister of Assam, Dr Himanta Biswa Sarma along with the Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal at Kohora in ...
The Union government on Sunday launched the 'Jalvahak' scheme to incentivise cargo movement via inland waterways, marking a major step towards promoting sustainable and cost-effective transportation across National Waterways 1 (Ganga), 2 (Brahmaputra), and 16 (Barak river). Union Minister of Ports, Shipping & Waterways Sarbananda Sonowal flagged off three cargo ships and inaugurated the fixed scheduled service of vessels. He said the scheme aims to unlock the trade potential of inland waterways while reducing logistics costs and decongesting road and rail networks. Under the scheme, cargo owners transporting goods over distances exceeding 300 km via waterways will receive up to 35 per cent reimbursement on operating costs. The scheme will remain valid for three years and is designed to optimise supply chains for major shipping companies, freight forwarders, and trade bodies. The scheme is jointly implemented by the Inland Waterways Authority of India (IWAI) and Inland & ...
Numaligarh Refinery Ltd (NRL) and Inland Waterways Authority of India on Thursday signed an MoU for the transportation of petroleum products of the Assam-based company to Bangladesh. The collaboration was made for supplying such products through IWAI's upgraded jetty at Jogighopa in Assam, an official said. NRL envisages to export 200 thousand metric tonne of products per annum to Bangladesh through Jogighopa jetty, after the commissioning of its expanded refinery and petrochemicals plant. The MoU was signed here by NRL's chief general manager (Marketing) Subrata Das and IWAI director A Selva Kumar in the presence of Union Shipping Minister Sarbananda Sonowal and Union Minister of State for Petroleum and Natural Gas Rameshwar Teli. Speaking on the occasion, Sonowal said that collaboration between NRL and IWAI is expected to provide a boost to the Centre's 'Gati Shakti' initiative and 'Act East Policy'. Following the inauguration of the 'India-Bangladesh Friendship Pipeline (IBFPL)