Trading through Inland Water Transport (IWT) and Shipping in India comprises roughly _________ percentage.
90-95%
60-65%
30-35%
10-15%
Answers
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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