Consider the following statements regarding Sagarmala project 1 It aims to improve port connectivity...........

Geography Transport

Consider the following statements regarding Sagarmala project-

1. It aims to improve port connectivity through rail corridors, freight-friendly expressways and inland waterways.

2. Union Ministry of Shipping has been appointed as the nodal ministry for this initiative.

3. State governments would set up State Sagarmala committees, headed by the chief minister or the minister in charge of ports.

Which of the above statements is/are correct regarding?

Choose the correct answer using the codes below-

1 and 2 only

1 only

1 and 3 only

1, 2 and 3

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Explanation:

The prime objective is to promote port-led direct and indirect development and to provide infrastructure to transport goods to and from ports quickly, efficiently and cost-effectively.

It will address challenges by focusing on three pillars of development,

Supporting and enabling Port-led Development through appropriate policy and institutional interventions and providing for an institutional framework for ensuring inter-agency and ministries/departments/states’ collaboration for integrated development,
Port Infrastructure Enhancement, including modernization and setting up of new ports, and
Efficient Evacuation to and from hinterland.

The Union Ministry of Shipping has been appointed as the nodal ministry for this initiative.
To implement this, State governments would set up State Sagarmala committees, headed by the chief minister or the minister in charge of ports.
At the central level, a Sagarmala Development Company (SDC) will be setup to provide equity support to assist various special purpose vehicles (SPVs) setup for various projects.