Shipping Ministry Approves Rs.645 Million for Assam Waterways

18 Mar 2024 CW Team

The approved funding underscores the government's commitment to harnessing the potential of waterways as a key driver of economic progress. By investing in the development of inland water transport infrastructure, Assam stands to benefit from reduced transportation costs, increased efficiency, and improved accessibility to remote areas. Furthermore, the projects hold immense promise for job creation, particularly in the construction and operation of new waterway routes.

Key components of the approved projects include dredging operations to ensure navigability, construction of jetties and terminals to facilitate loading and unloading of cargo, and the establishment of navigational aids to enhance safety along the water routes. These initiatives not only bolster Assam's connectivity with other parts of India but also pave the way for enhanced trade relations with neighbouring countries, tapping into the region's strategic position as a gateway to Southeast Asia.

Moreover, the development of water transport infrastructure aligns with broader sustainability objectives, offering a greener alternative to traditional modes of transportation. By shifting freight movement from congested road networks to rivers, these projects contribute to reducing carbon emissions and mitigating environmental impacts.

In essence, the approval of ?645 million for waterways projects in Assam represents a milestone in the region's journey towards inclusive growth and prosperity. With a focus on modernization, efficiency, and sustainability, these initiatives hold the promise of transforming Assam's transportation landscape and unlocking new opportunities for its people and businesses alike.

The Shipping Ministry's recent approval of Rs.645 million for ten new waterways projects in Assam heralds a significant leap forward in the state's transportation infrastructure. With a strategic focus on enhancing water transport capabilities, these projects aim to revolutionize connectivity and logistics within Assam and beyond. Leveraging the region's extensive network of rivers, these initiatives promise to unlock new avenues for trade and commerce, fostering economic growth and development. The approved funding underscores the government's commitment to harnessing the potential of waterways as a key driver of economic progress. By investing in the development of inland water transport infrastructure, Assam stands to benefit from reduced transportation costs, increased efficiency, and improved accessibility to remote areas. Furthermore, the projects hold immense promise for job creation, particularly in the construction and operation of new waterway routes. Key components of the approved projects include dredging operations to ensure navigability, construction of jetties and terminals to facilitate loading and unloading of cargo, and the establishment of navigational aids to enhance safety along the water routes. These initiatives not only bolster Assam's connectivity with other parts of India but also pave the way for enhanced trade relations with neighbouring countries, tapping into the region's strategic position as a gateway to Southeast Asia. Moreover, the development of water transport infrastructure aligns with broader sustainability objectives, offering a greener alternative to traditional modes of transportation. By shifting freight movement from congested road networks to rivers, these projects contribute to reducing carbon emissions and mitigating environmental impacts. In essence, the approval of ?645 million for waterways projects in Assam represents a milestone in the region's journey towards inclusive growth and prosperity. With a focus on modernization, efficiency, and sustainability, these initiatives hold the promise of transforming Assam's transportation landscape and unlocking new opportunities for its people and businesses alike.

Infrastructure Urban

16 Sep 2025

India Plans Rs 200 Billion Risk Fund to Boost Infrastructure

India’s ambitious push for large-scale infrastructure growth is set to receive a major financing boost. The government is reportedly planning a Rs 200 billion risk guarantee fund to reduce uncertainty for investors and project developers.The fund aims to instil confidence among lenders and private players by covering risks beyond commercial considerations. It will primarily address losses arising from policy changes, land acquisition delays, or environmental clearances, while commercial risks will remain the responsibility of developers. This measure is expected to encourage banks and financ..

Infrastructure Energy

16 Sep 2025

India Launches Rs 1 Billion Green Hydrogen R&D Scheme

Union Minister of New and Renewable Energy, Shri Pralhad Joshi, inaugurated the 1st Annual Green Hydrogen R&D Conference in New Delhi, organised by the Ministry of New and Renewable Energy (MNRE). He also launched a new Rs 1 billion Call for Proposals to support start-ups innovating in hydrogen technologies. The scheme will provide up to Rs 50 million per project for pilot projects in hydrogen production, storage, transport, and utilisation. The conference features 25 start-ups showcasing innovations from electrolyser manufacturing to AI-driven optimisation and biological hydrogen solution..

Infrastructure Transport

16 Sep 2025

NGT Questions Bengaluru Tunnel Project Over Ecological Risks

Deputy Chief Minister and Bengaluru Development Minister D K Shivakumar’s ambitious Tunnel Road project faces scrutiny following a petition by a city-based citizens’ group. The Southern Bench of the National Green Tribunal (NGT) has issued notices to multiple government agencies, requesting formal responses.At the first hearing on 10 September, the tribunal directed notices be served to the State Government, Greater Bengaluru Authority (GBA), State Environment Impact Assessment Authority (SEIAA), Bangalore Smart Infrastructure Limited (B-SMILE), Ministry of Environment, Forest and Climate ..