What is sagar mala project
Answers
Sagarmala Programme is large transport and logistics project in India. [1][2] It entails ₹8.5 trillion (US$120 billion or €100 billion) investment for setting up of new mega ports, modernization of India's existing ports, development of 14 Coastal Employment Zones (CEZs) and Coastal Employment Units, enhancement of port connectivity via road, rail, multi-modal logistics parks, pipelines & waterways and promote coastal community development, resulting in boosting merchandise exports by US$110 billion, and generation of around 10,000,000 direct and indirect jobs.
Answer:
Sagar Mala project is a strategic and customer - oriented initiative which aims to transform the existing ports into modern world class ports and integrate the development of the ports the industrial clusters and hinterland and efficient evacuation system through road, rail, inland and coastal waterways.
It was launched on 31st July, 2015 by Ministry of Shipping which is nodal agency for this initiative.