April 9, 2016 8:51 PM

printer

One crore jobs to be created under Sagarmala project in next 4 to 5 yrs: Gadkari

Shipping Minister Nitin Gadkari has said that one crore jobs will be created under government's ambitious Sagarmala project in the next four to five years.<br/><br/>The programme aims to promote port-led development in the country by harnessing India's seven thousand 500 kilometre long coastline, 14,500 kilometre of potentially navigable waterways and strategic location on key international maritime trade routes. Briefing reporters after chairing the second National Sagarmala Apex Committee meeting in New Dellhi on Saturday, Mr Gadkari said, the jobs will include 40 lakh direct and 60 lakh indirect employment.<br/><br/>The Minister said, government's top priority is to develop waterways and ports to reduce the high logistics cost as it costs one rupees 50 paise a kilometre to carry the cargo from road, one rupee from rail while through waterways it reduces to only 25 paise a kilometre.

Most Read
View All arrow-right

No posts found.