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Cargo Transport on National Waterways Rose from 6.59 Mt in 2014-15 to 72.31 in 2018-19 

The Minister of State for Shipping (I/C) and Chemical & Fertilizers Shri Mansukh Mandaviya,in written repliesto questions in Lok Sabha today,gave detailed information on the status of development of Inland Waterways in the country, and the growth of cargo transportation on these waterways: Shri Mansukh Mandaviya informed that thetransportation of cargo on National Waterways hasincreased from 2016-17 onwards, when new ...

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Major Ports register positive growth of 4.83%

The major ports in India have recorded a growth of 4.83% and together handled 461.21Million Tonnes of cargo during the period April to November, 2018 as against 439.96 Million Tonnes handled during the corresponding period of previous year.For the period from April- November 2018, Nine Ports Kolkata (incl. Haldia), Paradip, Visakhapatnam, Kamarajar, Chennai, Cochin, New Mangalore, JNPT and Deendayal have registered ...

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Paradip Port joins 100 million club, down the memory lane, needs to be honoured

Biju Babu called for the map, a scale, and pencil. To everyone’s surprise he placed the scale in the map connecting Paradip and Daitary and drew a straight line. He told the engineers to consider the pencil line on the map as the alignment of the Expressway and proceed with the construction. When there were murmurs about large scale displacement ...

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Major Ports Register Positive Growth of 5.12% During April to September, 2018

The major ports in India have recorded a growth of 5.12% and together handled 343.26 Million Tonnes of cargo during the period April to September, 2018 as against 326.54 Million Tonnes handled during the corresponding period of previous year. For the period from April ‘17- September 2018, Nine Ports (Kolkata (incl.Haldia), Paradip, Visakhapatnam, Kamarajar, Chennai, Cochin, New Mangalore, JNPT and Deendayal ...

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Indian Ports Association appoints Managed Service Provider for Port Enterprise Business System for Five Major Ports 

As part of its efforts to promote Ease of doing Business through digital transformation and build a world class port infrastructure in the country, the Indian Ports Association (IPA) has appointed M/s Tech Mahindra as the Managed Service Provider for the five major ports at Mumbai ,Kolkata, Chennai, Deendayal Port  and Paradip Port Trust. This initiative is a major step ...

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Dredging Corporation of India Limited Announces 20% Dividend for 2017-18 

The Dredging Corporation of India Limited has declared  a 20% dividend on the paid up capital of Rs.28 Crore for the year 2017-18. A cheque of Rs. 4,11,44,026  (Rs. 4.11 Crore ) was handed over to Shri Nitin Gadkari,  Minister of Shipping, Road Transport & Highways, Water Resources, River Development & Ganga Rejuvenation by Shri Rajesh Tripathi, CMD, DCI  in ...

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Development of Major Ports 

   The Minister of State for Shipping and Finance Shri Pon Radhakrishnan in a written reply to a question in Lok Sabha today informed that to make use of the complementarity between development of inland water transportation and major ports, under Section 111 of the Major Port Trusts Act, 1963, directions have been issued by the Government on 18th April, 2018 to five ...

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Ministry of Shipping issues new guidelines for improving treasury investment for Major Ports  Potential to increase Surplus at ports by Rs 150 Cr 

The Ministry of Shipping has undertaken a diverse set of initiatives as part of its drive to boost profitability across major Indian ports. One major initiative is to improve the returns earned on treasury investments by the ports for pension, provident and surplus funds. Across all major ports, these funds add up to around Rs 33,000 crore, yielding interest of ...

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Profitability of Ports 

The Minister of State for Shipping and Finance Shri Pon Radhakrishnan in a written reply to a question in Lok Sabha todayinformedthatall the 12 Major Ports have earned operating surplus during the last three years. This has been possible on account of various infrastructure & development projects undertaken by the Ports which is an ongoing process and also because of ...

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Development of Port Infrastructure 

The Minister of State for Shipping and Finance Shri Pon Radhakrishnan in a written reply to a question in Lok Sabha today informed that under Sagarmala Programme, 243 projects (cost: Rs. 142,989 crore) have been identified for enhancing the infrastructure at Indian ports upto 2035. Out of these 44 projects (cost: Rs.8549 crore ) have been completed and 79 projects (cost: ...

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