Sagar Mala project
Indian shipping infrastructure project / From Wikipedia, the free encyclopedia
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The Sagarmala Programme (transl. Garland of the sea) is an initiative by the Government of India to enhance the performance of the country's logistics sector. The programme envisages unlocking the potential of waterways and the coastline to minimize infrastructural investments required to meet these targets.[1][2]
Sagarmala Projects | |
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Motto | Port-led prosperity |
Country | India |
Prime Minister(s) | Narendra Modi |
Ministry | Ministry of Ports, Shipping and Waterways |
Key people | Bhushan Kumar, Joint Secretary |
Established | 31 July 2015; 8 years ago (2015-07-31) |
Status | Active |
Website | www |
The Sagarmala Programme is the flagship programme of the Ministry of Ports, Shipping and Waterways to promote port-led development in the country. Maritime sector in India has been the backbone of the country’s trade and has grown manifold over the years. To harness India’s 7,517 km long coastline, 14,500 km of potentially navigable waterways and strategic location on key international maritime trade routes, the Government of India has embarked upon the ambitious Sagarmala Programme which aims to promote port-led development in the country. The concept of Sagarmala was approved by the Union Cabinet on 25 March 2015.
The vision of Sagarmala is to reduce logistics costs for both domestic and EXIM cargo with minimal infrastructure investment. Studies under Sagarmala have identified opportunities for reducing overall logistics costs, thereby improving the overall efficiency of the economy, and increasing the competitiveness of exports.