With an aim to promote port-led development across the country, the Centre on Monday said it will try to implement projects worth over Rs 5 lakh crore under the ambitious Sagarmala initiative before the completion of the NDA Government’s tenure in May 2019. Sagarmala is an initiative with an objective of promoting “port-led development” along India’s 7,500-km long coastline for which the shipping ministry has been appointed as the nodal authority.
“We would try to implement projects worth over Rs 5 lakh crore (under the Sagarmala programme) before we complete our five years of our governance,” Road and Surface Transport Nitin Gadkari said.
Of the Rs 12 lakh crore being planned for investment under the ambitious programme, he said around Rs 8 lakh crore will be pumped into industrial clusters while the remaining Rs 4 lakh crore will go to port rail and port road connectivity, mechanisation and modernisation of ports.
Gadkari, who inaugurated the Sagarmala Development Authority office in the national Capital, said: “Similarly, the work with regard to port mechanisation and port modernisation has also started... We are starting Ro-Ro (roll-on roll-off) services. We have made special scheme for fisherman... Overall, this project will be a game-changer. It will be the biggest project in the country’s history. We have already started work on projects worth around Rs 1 lakh crore,” the minister said.
The Minister further said the government is looking to complete the Chardham project before 2018. Prime Minister Narendra Modi will lay the foundation stone of the ambitious Chardham Mahamarg Vikas Pariyojna at Parade Ground in Dehradun on Tuesday.
The project aims at improving the connectivity to the Chardham pilgrimage centres in the Himalayas, with an aim to make journey to these centres safer, faster and more convenient. The Chardham project includes developing 900 km of national highways in Uttarakhand at a total cost of Rs 12,000 crore.
Work for 17 projects worth Rs 3,000 crore have already been sanctioned and tendered. The entire length of the highways will be two-laned with paved shoulder and with a minimum width of 10 metres. There will be tunnels, bypasses, bridges, subways and viaducts to prevent traffic bottlenecks. A team of experts is on the job to identify zones prone to landslides, and environment friendly techniques are being incorporated in the design to make these zones safer.
Gadkari said the Government is optimistic that all the 12major ports and three flagship shipping organisations — Cochin Shipyard, Shipping Corporation of India and Dredging Corporation of India — will have a profit of around Rs 7,000 crore this fiscal.