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Expanding on the government’s ambitious multi-modal transport scheme, a panel of secretaries from various departments are considering a proposal to allocate Rs 2,500 crore from the Central Road Fund (CRF) to develop inland waterways.
Waterways currently transport six per cent of freight and the government plans to double this by 2025. The Inland Waterways Authority of India (IWAI) has a target of achieving 9,286 km of National and State Waterways as well as feeder routes by 2020.
Some measures such as an amendment in the CRF Act will be needed to implement this proposal. If passed, it will create a more conducive environment for both the Inland and Coastal shipping sectors.
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