Focus: GS III- Infrastructure
Why in News?
The National Sagarmala Apex Committee (NSAC) met recently at Vigyan Bhawan in New Delhi, and was chaired by Union Minister for Ports, Shipping and Waterways (MoPSW).
- The meeting explored the holistic development of coastal communities through a new project called “Sagartat Samriddhi Yojana.”
Sagartat Samriddhi Yojana
- During the launching of “Maritime India Vision 2030” in March 2021, the Prime Minister introduced the Sagarmala – Sagartat Samridhi Yojana.
- The MoPSW developed this extensive initiative to solve issues in the country’s coastal areas.
- The Sagartat Samriddhi Yojna has identified 1,049 projects with a total cost estimate of Rs 3,62,229 crores.
The four key areas in which this initiative falls include:
- Coastal Infrastructure Development
- Coastal Tourism
- Coastal Industrial Development
- Coastal Community Development
What is Sagarmala Programme?
- The Sagarmala programme is the flagship programme of the Ministry of Shipping 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.
Vision of the Sagarmala Programme is to reduce logistics cost for EXIM and domestic trade with minimal infrastructure investment. This includes:
- Reducing cost of transporting domestic cargo through optimizing modal mix
- Lowering logistics cost of bulk commodities by locating future industrial capacities near the coast
- Improving export competitiveness by developing port proximate discrete manufacturing clusters
- Optimizing time/cost of EXIM container movement
Components of Sagarmala Programme are:
- Port Modernization & New Port Development: De-bottlenecking 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.
- Coastal Shipping & Inland Waterways Transport: Impetus to move cargo through the sustainable and environment-friendly coastal and inland waterways mode.