‘Sagarmala 2.0’ to catalyse investments worth Rs 12 lakh crore: Minister

‘Sagarmala 2.0’ to catalyse investments worth Rs 12 lakh crore: Minister

New Delhi, March 20 (SocialNews.XYZ) The Centre is currently executing 839 projects worth Rs 5.79 lakh crore under the 'Sagarmala' programme, with 272 projects already completed at an investment of Rs 1.41 lakh crore. The next ‘Sagarmala 2.0’ initiative is a visionary upgrade with a new focus on shipbuilding, repair, breaking and recycling. Backed by Rs 40,000 crore in budgetary support, it aims to catalyse investments worth Rs 12 lakh crore ove…

Sagarmala scheme second edition underway: Sonowal - Maritime Gateway

The second edition of the flagship Sagarmala scheme of the Union Ministry of Ports, Shipping and Waterways will offer support for shipbuilding, repair, and recycling in addition to port infrastructure development. It will also include a start-up mentoring and incentivising program. The scheme has a Rs 40,000 crore budgetary support, with investment potential of Rs 12 trillion over a 10-year-period, Sarbananda Sonowal, Shipping Minister, said. Ac…

Brownfield Port to be developed at Bhavnagar with ₹4,024 crore investment: Minister Raghavji Patel

GANDHINAGAR : Minister Shri Raghavji Patel on Tuesday stated that, given the vast coastline of Gujarat, the role of the state’s ports is very important in strengthening the state’s economy. Participating in the discussion on the budgetary demand of the Port Division under the Port Department, Minister Raghavji Patel said that about 28 percent of the country’s coastline is available to Gujarat. With various innovative projects, prioritizing the d…

Brownfield port to be developed at Bhavnagar with ₹4,024 crore investment: Minister - India Seatrade News

Minister Raghavji Patel today stated that, given the vast coastline of Gujarat, the role of the state’s ports is very important in strengthening the state’s economy. Participating in the discussion on the budgetary demand of the Port Division under the Port Department, Minister Raghavji Patel said that about 28 percent of the country’s coastline is available to Gujarat. With various innovative projects, prioritizing the development of ports, Guj…