The Sagarmala Programme was initially launched during the tenure of Shri Vajpayee as the PM in 2003. It was the maritime equivalent of the roadways development programme known then as the Golden Quadrilateral, The underlying idea that drove the initiative was enhancing the pace of growth of industries by developing the ports.
The Indian government approved the project in 2015. The objectives were fostering port-led development, reducing logistics costs, and accelerating economic growth. The programme includes projects from various categories such as modernisation of existing ports and terminals, construction of RoRo/ RoPax & tourism jetties, enhancement of port connectivity, fishing harbours, skill development and technology centres, etc.
There are 839 projects worth investment of ~Rs. 5.8 Lakh crore for implementation under the Sagarmala Programme. Out of which, 241 projects worth ~Rs. 1.22 lakh crore have been completed. These projects are being implemented by relevant central ministries, state governments, major ports, and includes projects supported under PPP, internal resources of Ports, and Equity Investments. Projects having high social impact but with no return or low Internal Rate of Return are being provided financial assistance under the Sagarmala Scheme of Ministry of Ports, Shipping and Waterways. Till date, a total of 171 projects worth Rs. 4525 Cr. have been supported under Sagarmala scheme for partial funding. Out of 171 projects, 55 projects have been completed.
More than 60,000 candidates have been trained under various initiatives of Sagarmala Programme, including Deen Dayal Upadhayay Grameen Kaushalya Yojana (DDUGKY) convergence, Multi Skill Development Centre, Alang Safety Training Institute and Centre of Excellence in Maritime and Ship Building.
The Government has taken several steps to promote coastal and cruise tourism in India including priority berthing for cruise vessel, rationalised cruise tariff, discounts to cruise ships based on volume of their calls, removal of ousting charges, single e-Landing Card, E-Visa and on-arrival visa facilities and waiving of cabotage for foreign cruise vessels etc.
Additionally, under Sagarmala Programme, the development of 63 infrastructure projects at 57 locations to facilitate passenger and cargo transportation through RoPax and Passenger ferry services have been undertaken. 10 projects have already been completed and four locations are now operational. This improved connectivity through RoPax services has stimulated economic activities in coastal regions by facilitating unhindered movement of goods and people, which in turn has contributed to the development of local industries and tourism.
Team Bharatshakti