PM GatiShakti Group evaluates key Infrastructure projects (See 'Corp Brief') IBC - Waiver of rights under contract such as debenture trust deed cannot be implied if agreement explicitly requires such waiver to be in writing: SC (See 'Legal Desk') IBC - Manner in which bank classifies loan as non-performing asset for accounting or provisioning purposes does not determine IBC, if debt was restructured and acknowledged in fresh agreements: SC (See 'Legal Desk') IBC - corporate restructuring under IBC must be prioritized over stalled and ineffective proceedings under Companies Act to protect public funds and larger economic interest: SC (See 'Legal Desk') IBC - NCLT can't Reject Sec 7 application citing corporate debtor's financial health, once twin requirements of debt & default are established: SC LB (See 'Legal Desk') Misc - civil suit cannot be rejected at threshold under Order VII Rule 11 of CPC merely because it contains ground of coercion, undue influence or misrepresentation: SC (See 'Legal Desk') NI Act - Sec 138 of Negotiable Instruments Act pertaining to cheque dishonor apply only when payment fails because of lack of funds: HC (See 'Legal Desk') SEBI - Principles of natural justice required disclosure of the names and basic details of the complainants, as the adjudication would entail civil consequences: SAT (See 'Legal Desk') India, Kenya hold Working Group Meeting on Agriculture through Virtual Mode (See 'Corp Brief') NIFTEM-K to organise Global Platform with Participation from 25 Countries (See 'Corp Brief') IBC - Moratorium u/s 14 of IBC is intended to preserve debtor's estate from creditor actions aimed at debt recovery, but does not interdict sovereign proceedings in rem for attachment or confiscation under Benami Act: SC (See 'Legal Desk') ESIC commences 75th Foundation Year Celebrations (See 'Corp Brief') Misc - Telecom operator is liable to pay reserve price fixed for November 2012, 2G spectrum auction from February 2, 2012, date on which its licence stood quashed: SC (See 'Legal Desk') Stakeholder Consultation held for inputs on proposed Advanced Manufacturing Systems Mission (See 'Corp Brief') IPR - Registration of Device Mark is to be considered as whole and while determining deceptive similarity with another Trade Mark: HC (See 'Legal Desk') Biotechnology will power next industrial revolution: MoS (See 'Corp Brief') IPR - Trademark could not be removed simply for non-use: HC (See 'Legal Desk') Union Minister inaugurates Special Handloom Expo (See 'Corp Brief') India, Brazil sign TKDL Access Agreement for protection of Patent (See 'Corp Brief') Memorandum of Cooperation signed between Digital Bharat Nidhi and AP (See 'Corp Brief') IPR - Registered mark is liable to be removed if not used for continuous period of five years & three months prior to filing of petition, unless special circumstances are shown: HC (See 'Legal Desk') Footwear Design and Development Institute celebrates 5th Convocation Ceremony (See 'Corp Brief') 96% houses under PMAY-U 2.0 allotted for women (See 'Corp Brief') SEBI - Adjudication proceedings are nullified where the noticee has ceased to exist on account of being struck off the RoC: SEBI (See 'Legal Desk') India-Brazil MoU signed to Deepen MSME Cooperation (See 'Corp Brief') IFSCA-IICA unveil Strategic Roadmap to institutionalize Corporate Governance Ecosystem at GIFT-IFSC (See 'Corp Brief') Grant support extended to 5 Innovators under CSR-backed Programme (See 'Corp Brief') Misc - Notice u/s 91 of CrPC cannot be issued to accused person to compel them to furnish information that is based on their personal knowledge: HC (See 'Legal Desk') MoS holds bilateral Talks with Rwanda ICT Minister (See 'Corp Brief') India, Brazil sign MoU to strengthen and secure steel supply chain (See 'Corp Brief') Misc - SICA - failure to repay dues or subsequent financial incapacity cannot constitute cheating in he absence of fraudulent intent at time of inducement: HC (See 'Legal Desk') Supreme Court Clears Path For Single Insolvency Proceedings Against Linked Group Companies (See CORP EINSICHT)

Print

22 Sagarmala projects worth Rs. 1,225 crore sanctioned in Tamil Nadu: Sonowal

Published: Jul 31, 2024

By TIOLCorplaws News Service

NEW DELHI, JULY 31, 2024: Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal, presented a detailed overview of the various questions raised in today's Rajya Sabha session. He highlighted the government's efforts to enhance cargo movement through National Waterways (NWs). The Minister outlined several key initiatives to improve the efficiency of India's inland waterways. Significant fairway development projects are underway under the Jal Marg Vikas Project (JMVP), which is supported by the World Bank. These efforts include achieving a Least Available Depth (LAD) of up to 3.0 meters on critical stretches of NW-1, with ongoing works in stretches such as Haldia-Barh and Barh-Ghazipur. Additionally, fairway development is being carried out on NW-97 in the Sunderbans and on Indo-Bangladesh protocol routes to ensure round-the-year navigability.

Sonowal emphasizes the introduction and expansion of Ro-Ro/Ro-Pax services across several routes. The Minister also announced the identification and planned development of 26 new National Waterways. This expansion is intended to offer alternative transportation modes and enhance connectivity across various regions of India.

Digital advancements have been a key focus, with the launch of the CAR-D portal for cargo data management and the PANI portal for detailed asset and navigation information. These platforms are designed to facilitate better stakeholder collaboration, improve organizational consistency, and enhance transparency.

Moreover, recent MoUs were signed to boost cargo and cruise services. Notable agreements include partnerships with Assam Tourism for riverine tourism, Bihar's Department of Tourism for Ro-Pax vessel operations, and Numaligarh Refinery Limited for petroleum product transport. The government is also exploring new National Waterways projects in states such as Kerala, Andhra Pradesh, and Uttar Pradesh, as part of a broader strategy to strengthen India's inland water transport infrastructure.

Sarbananda Sonowal also detailed the significant investments and initiatives under the Sagarmala Scheme for Tamil Nadu. Over the past three years, 22 port-related projects totalling Rs. 1,225 crore have been sanctioned, covering port infrastructure, coastal berths, and fish harbours. Additionally, Rs. 410 crore is allocated for four fishing harbour projects, with efforts focused on skill development and economic growth in coastal districts through collaboration with various ministries.

The Minister confirmed that the government has indeed explored the possibilities of increasing floating jetty projects in Tamil Nadu. These projects are part of a broader initiative to enhance coastal infrastructure and improve connectivity.

Regarding the expansion and upgradation of ports, Sonowal outlined significant developments. Notably, V.O. Chidambaram Port has leased 500.82 acres of land to various industries for the development of Green Hydrogen and ammonia plants, reflecting a commitment to sustainable energy and industrial growth.

Overall, the Minister's detailed presentation underscores the government's commitment to developing robust and efficient maritime facilities.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.