Updated By: LatestGKGS Desk
Ministry of Shipping offers grant to the Jawaharlal Nehru Port Trust (JNPT)
Under Sagarmala Project: Ministry of Shipping offers grant to the Jawaharlal Nehru Port Trust (JNPT) for development of coastal berth and the Karwar port in Karnataka
The Ministry of Shipping on 27 October 2017, has sanctioned Rs 25 crore to the Jawaharlal Nehru Port Trust (JNPT) for development of coastal berth and another Rs 50 crore to the Karwar port in Karnataka under the flagship Sagarmala Project.
The main aims of Coastal Berth Scheme (under Saharmala project), is to provide assistance to parts or states to develop infrastructure for the movement of cargo and passengers either by sea or national waterways.
The permissible financial support from Centre is 50% of the total cost of the project subject to a maximum of Rs 25 crore for the project relating to construction and up gradation of coastal berths by major and non-major ports.
A maximum of 10crore for construction of platforms and jetties for hovercraft and seaplanes by ports and state governments and passenger jetties in national waterways and islands by states, among others.
The other condition involves a maximum of Rs 15 crore for mechanization of berths by major and non-major ports, a maximum of Rs 50 crore for Capital dredging of operational non-major ports and a maximum of 50 crores in order to construct breakwater for existing and greenfield ports.
The project at the Jawaharlal Nehru Port Trust will be completed by March 2019 with a coast of an estimated cost of Rs 170 crore.
