News:
- India’s 12 major ports added more capacity in the first year of the government than they did in any single year over nearly a decade before that.
- This includes the attempts of Jawaharlal Nehru port trust India’s largest container facility, to tap into its dollar denominated income to raise funds for the hinterland connectivity projects.
- Nearly 40 projects, including the lastmile connectivity projects and internal port rail projects with an estimated investment of Rs 2,372 crore, have been identified by the major ports.
- Work has also begun on the ambitious Sagarmala project for maritime development.
- The government is also drawing up a plan to develop port-led industry and townships along with green initiatives such as wind and solar energy parks around the ports under Prime Minister Modi’s initiative on smart cities.
Source: ET