April 07, 2020

PM Scheme part-11 Sagar Mala Project, Bharat Mala Project,

 PM Scheme Part-11Sagar Mala project 
On 25 March 2015 Cabinet gave approval for this project to develop 12 ports of India and also 1208 Islands.
The project was launched by Ministry of Shipping (the nodal ministry for this initiative) in Karnataka on 31 July 2015 at Hotel Taj West End, Bangalore
Ministry: Ministry of Shipping
Maritime sector in India has been the backbone of the country’s trade and has grown manifold over the years. To harness India’s 7,500 km long coastline, 14,500 km of potentially navigable waterways and strategic location on key international maritime trade routes, the Government of India has embarked on the ambitious Sagarmala Programme which aims to promote port-led development in the country.
About Sagar Mala project
Sagar Mala project is a strategic and customer-oriented ₹8,000,000 million (US$120 billion or €110 billion) investment initiative of the Government of India entailing setting up of 6+ mega ports, modernization of several dozen more ports, development of 14+ Coastal Economic Zones and at least 29 Coastal Economic Units, development of mines, industrial corridors, rail, road and airport linkages with these water ports, resulting in US$110 billion export revenue growth, generation of 150,000 direct jobs and several times more indirect jobs. It aims to modernize India's Ports so that port-led development can be augmented and coastlines can be developed to contribute in India's growth. It also aims for "transforming the existing Ports into modern world class Ports and integrate the development of the Ports, the Industrial clusters and hinterland and efficient evacuation systems through road, rail, inland and coastal waterways resulting in Ports becoming the drivers of economic activity in coastal areas.
Concept and Objectives
Vision of the Sagarmala Programme (Figure) 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 and 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 and livelihood generation activities, fisheries development, coastal tourism etc.


            Bharatmala Project
  • Established 31 July 2015
    The total investment for this plan is estimated at ₹5.35 trillion (US$83 billion)
    Ministry: Ministry of Road and Transport
    About Bharatmala project
    Bharatmala is the name given to a centrally-sponsored and funded road and highways project of the Government of India.The total investment for this plan is estimated at ₹5.35 trillion (US$83 billion), making it the single largest outlay for a government road construction scheme.
    The ambitious umbrella programme will subsume all existing highway projects including the flagship National Highways Development Project (NHDP), launched by the Atal Bihari Vajpayee government in 1998. 
    The project will start from Gujarat and Rajasthan, move to Punjab and then cover the entire string of Himalayan states - Jammu and Kashmir, Himachal Pradesh, Uttarakhand - and then portions of borders of Uttar Pradesh and Bihar alongside Terai, and move to West Bengal , Sikkim, Assam, Arunachal Pradesh, and right up to the Indo-Myanmar border in Manipur and Mizoram.Special emphasis will be given on providing connectivity to far-flung rural areas including the tribal and backward areas.
    Theme of Bharatmala Project
    The programme includes the Bharatmala scheme, under which 34,800 km of highways would be constructed at the cost of Rs 5.35 lakh crore, finance secretary Ashok Lavasa said. Under Bharatmala, the road transport and highways ministry will construct 9,000 km of economic corridors across the country.
    The project also entails constructing 6,000 km long inter corridor and feeder routes, 2,000 km of border and international connectivity roads, 5,000 km to be upgraded under the national corridor efficiency programme, 800 km of greenfield expressways, 10,000 km under the national highway development programme and 2,000 km of coastal and port connectivity roads.
    Finance
    The project would need an investment of around ₹535,000 crore (US$83 billion), of which ₹209,000 crore (US$33 billion) will be generated through market borrowings, ₹106,000 crore (US$17 billion) through private investments, and ₹219,000 crore (US$34 billion) shall be raised through the Central Road Fund (CRF) and tolls.

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