Economy, asked by amsmeriam, 6 months ago

8. Trading through Inland Water Transport (IWT) and Shipping in India comprises roughly ______
percentage.​

Answers

Answered by choudharybhavana1209
1

Answer:

role in the country's economy and is indispensable to foreign trade. India is endowed with an extensive network of waterways in the form of rivers, canals, backwaters, creeks and a long coastline accessible through the seas and oceans. It has the largest carrying capacity of any form of transport and is most suitable for carrying bulky goods over long distances. It is one of the most cheap modes of transport in India, as it takes advantage of natural track and does not require huge capital investment in construction and maintenance except in the case of canals. Its fuel efficiency contributes to lower operating costs and reduced environmental impact due to carbon. India has 14500 km of inland waterways. Out of which only 5685 km are navigable by mechanized vessels.

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Answered by SharadSangha
2

90-95%

  • The inland Water Transport (IWT) operations, currently restricted to the few stretches only in the Ganga and Bhagirathi and Hooghly rivers, river Brahmaputra, river Barak and rivers in Goa, backwaters in the Kerala, inland waters at Mumbai & the deltaic regions of rivers Godavari and Krishna river.

  • Around 55 million tone cargo is being moved every year through Inland Water Transport (IWT), in the fuel efficient & environment friendly mode.

  • According to Indian Ministry of the Shipping, about the 95% of Indian trading by the volume, 70% by the value is made through the maritime transport. In the month of November 2020, Honarable Prime Minister re-named Ministry of Shipping with the new name as Ministry of Ports, Shipping & Waterways.

*Trading through Inland Water Transport (IWT) and Shipping in India comprises roughly  90-95% .

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