567 projects with an estimated cost of Rs. 58,700 crores identified for holistic development of coastal districts
Union Minister for Ports, Shipping and Waterways Shri SarbanandaSonowal has said building upon the success of the Sagarmala Programme, Ministry of Ports Shipping and Waterways has formulated a plan under the Sagarmala Programme for carrying out “Holistic Development of Coastal Districts”. Briefing the media after the meeting of the National Sagarmala Apex Committee (NSAC) he said after multiple consultations with stakeholders, the Ministry has identified a total of 567 projects under convergence mode with an estimated cost of Rs. 58,700 Crore. He said while Sagarmala is Port-led and focusses on the logistic cost reduction and EXIM competitiveness, Holistic Development of Coastal Districts aims to bridge the gaps in infrastructure at the coastal areas and improve economic opportunity. The minister said with addition of projects identified in Holistic Development of Coastal Districts and new project proposals received under Sagarmala, total number of projects stands at 1537 worth Rs. 6.5 lakh crores.
The National Sagarmala Apex Committee (NSAC) is the apex body providing policy directions and guidance for port led development-Sagarmala projects and reviews its implementation. The NSAC was constituted on 13.05.2015 by the Union Cabinet and is chaired by Minister for Ports, Shipping & Waterways with Cabinet Ministers from stakeholder central Ministries and Chief Ministers & Administrators of Maritime States and Union territories respectively as members.