Sagarmala: 50 Projects Under Implementation Worth Rs 35.81 bn
PORTS & SHIPPING

Sagarmala: 50 Projects Under Implementation Worth Rs 35.81 bn

A total of 50 projects under the Sagarmala programme are currently under implementation with a project cost of Rs 35.81 billion (bn). The ministry has approved financial assistance of Rs 15.32 billion (bn) for these projects and has released Rs 11.43 billion (bn) towards them. This progress was reported as part of parliamentary disclosures on the programme.

Overall, 128 projects with an aggregate cost of Rs 89.36 billion (bn) have been approved for funding under the Sagarmala scheme by the Ministry of Ports, Shipping and Waterways, the Union minister provided in a written reply to the Lok Sabha. The minister indicated that the 50 ongoing projects are located across states including Andhra Pradesh, Goa, Gujarat, Karnataka and Odisha among others. The portfolio spans port modernisation and associated coastal infrastructure works.

Launched in 2015, the Sagarmala programme is described by the ministry as the flagship initiative to streamline logistics, reduce costs and enhance international trade competitiveness by promoting efficient coastal and inland waterway networks. The initiative focuses on port modernisation, industrial growth, job creation and sustainable coastal development while seeking to limit heavy infrastructure expenditure. Implementation emphasis has been placed on creating multimodal connectivity that supports freight movement and export growth.

Financial releases to date amount to roughly 74.6 per cent of the assistance approved for the 50 projects, indicating substantial disbursement while leaving scope for further funding as works progress and timelines are refined. The ministry noted continued monitoring and approvals to catalyse private investment and regional economic activity along the coast. Officials expect the projects to contribute to reduced logistics costs and expanded trade capacity as they advance, supporting regional growth.

A total of 50 projects under the Sagarmala programme are currently under implementation with a project cost of Rs 35.81 billion (bn). The ministry has approved financial assistance of Rs 15.32 billion (bn) for these projects and has released Rs 11.43 billion (bn) towards them. This progress was reported as part of parliamentary disclosures on the programme. Overall, 128 projects with an aggregate cost of Rs 89.36 billion (bn) have been approved for funding under the Sagarmala scheme by the Ministry of Ports, Shipping and Waterways, the Union minister provided in a written reply to the Lok Sabha. The minister indicated that the 50 ongoing projects are located across states including Andhra Pradesh, Goa, Gujarat, Karnataka and Odisha among others. The portfolio spans port modernisation and associated coastal infrastructure works. Launched in 2015, the Sagarmala programme is described by the ministry as the flagship initiative to streamline logistics, reduce costs and enhance international trade competitiveness by promoting efficient coastal and inland waterway networks. The initiative focuses on port modernisation, industrial growth, job creation and sustainable coastal development while seeking to limit heavy infrastructure expenditure. Implementation emphasis has been placed on creating multimodal connectivity that supports freight movement and export growth. Financial releases to date amount to roughly 74.6 per cent of the assistance approved for the 50 projects, indicating substantial disbursement while leaving scope for further funding as works progress and timelines are refined. The ministry noted continued monitoring and approvals to catalyse private investment and regional economic activity along the coast. Officials expect the projects to contribute to reduced logistics costs and expanded trade capacity as they advance, supporting regional growth.

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