Port, Inland Waterways Projects Worth Rs 552 Crore launched to boost Riverine Logistics (See 'Corp Brief') Manjhi inaugurates PM Vishwakarma Haat 2026 in New Delhi (See 'Corp Brief') PMLA - If property is attached for value thereof to proceeds of crime, it happens when proceeds of crime acquired or obtained directly or indirectly is not available in hands of person: SAFEMA (See 'Legal Desk') AIIA celebrates National Startup Day 2026 (See 'Corp Brief') SEBI - Proposed Acquirer shall be exempted from complying with requirements of sub-regulation (1) of regulation 3 and regulation 4 of SAST Regulations, 2011 with respect to direct acquisition in Target Company: SEBI (See 'Legal Desk') CCPA takes action against unauthorized sale of Walkie-Talkies on E-Com Platforms (See 'Corp Brief') IBC - Status of financial creditor is granted to individual allottees u/s 5(8)(f) of IBC, but this status does not extend to society they are members of, as society is distinct juristic entity: SC (See 'Legal Desk') IICA launches registration for Post Graduate Insolvency Programme (See 'Corp Brief') IBC - 'Pre-existing dispute' capable of barring initiation of CIRP u/s 9 IBC must be genuine and supported by substantive evidence, and not moonshine defence raised merely to obstruct CIRP: SC (See 'Legal Desk') Rs 1 Lakh Crore R&D Fund to propel Deep Tech Research: Goyal (See 'Corp Brief') A&C - Mere commercial relationship or marking of emails to principal employer does not establish legal intent to bind third-party sub-vendor to main arbitration agreement: SC (See 'Legal Desk') Govt positions Tribal Healers as Partners in Tribal Health Transformation (See 'Corp Brief') A&C - High Courts cannot effectively act as appellate court, re-appreciate evidence, and substitute its own interpretation in place of arbitral award: SC (See 'Legal Desk') India's Textile & Apparel Exports maintain growth momentum amid global headwinds (See 'Corp Brief') A&C - Arbitral tribunals must first look to contract that defines legal relationship between parties: SC (See 'Legal Desk') Ministry of Coal executes Agreements for 3 Blocks with Damodar Valley Corporation (See 'Corp Brief') IBC - Directors/ promoters cannot be exposed to personal liability through execution, in absence of prior and reasoned determination justifying disregard of corporate personality: SC (See 'Legal Desk') Govt prioritising data-driven, city-specific weather forecasting for public safety: MoS (See 'Corp Brief') Misc - If public authority holds any information in form of data, statistics, abstracts, then applicant can have access to same under RTI Act subject to exemptions u/s 8: IBBI (See 'Legal Desk') GeM marks 7 Years of Women-led MSE Participation in Public Procurement (See 'Corp Brief') FEMA - Amount of penalty which is to be imposed by Adjudicating Authority is matter of discretion which is necessarily required to be exercised judiciously: SAFEMA (See 'Legal Desk') CAQM conducts inspection of road stretches maintained by Municipal Corporation of Faridabad (See 'Corp Brief') NFRA-IndiaAI launch Financial Reporting Compliance Challenge (See 'Corp Brief') Minister chairs Regional Conference of Labour & Industry Secretaries of States (See 'Corp Brief') PMLA - Precondition for being proceeds of crime is that property has been derived or obtained, directly or indirectly, by any person as result of criminal activity relating to scheduled offence: SAFEMA (See 'Legal Desk') Joshi concludes Abu Dhabi Visit with focus on Clean Energy Investment (See 'Corp Brief') India among top 3 startup nations with substantial number of women-led ventures: MoS (See 'Corp Brief') PMLA - Company cannot escape from liability on account of its ex-directors: SAFEMA (See 'Legal Desk') DFS Secy reviews performance of Public Sector Insurance Companies (See 'Corp Brief') Patent Agent Examination 2026 held with 5,500 Candidates (See 'Corp Brief') CCI permits Chrys Capital to pick up equity in Nash Industries (See 'Corp Brief') Arbitration and Conciliation Act - as per Sections 38 & 39 of CPC, a decree can be executed by court with competent jurisdiction, including court where respondent's assets are located: HC (See 'Legal Desk') PFRDA undertakes NPS Outreach for MSMEs at Vibrant Gujarat (See 'Corp Brief') TRAI assesses Network Quality Across Nasik and Surrounding Area (See 'Corp Brief') YUVA AI: A step towards democratising access to AI Knowledge (See 'Corp Brief') SEBI - Direct acquisition of shares in Vodafone Idea by Government, arising from conversion of interest on deferred spectrum auction and AGR dues into equity, should be exempted from mandatory open offer requirements: SEBI (See 'Legal Desk') 'Jo Vaada Kiya, Wo Nibhana Padega' - Promissory Estoppel Reaffirmed: Supreme Court Reiterates the Rules of State Accountability (See CORP EINSICHT) Strategic Alliance between ICAR and NDDB to strengthen Innovation (See 'Corp Brief') BHASHINI Samudaye: Strengthening India's Language AI Ecosystem (See 'Corp Brief') Industrial Units are entitled to disbursal of capital investment subsidy & DG Set subsidy, and State Functionary is precluded from refusing to disburse same: SC (See 'Legal Desk') Minister reviews steps to romote manufacturing of Rare Earth Permanent Magnets (See 'Corp Brief') IIT Delhi hosts Seminar on advancing Quality Assessment of Medicinal Plants (See 'Corp Brief') IPR - Importance of doctrine of 'initial interest confusion' in pharmaceutical trade, affirming that even fleeting moment of confusion at initial stage is sufficient for infringement: HC (See 'Legal Desk') Pradhan interacts with PM-YUVA 3.0 authors at World Book Fair 2026 (See 'Corp Brief') Companies Law - Sec 433 of Companies Act, 2013 , which empowers NCLT/NCLAT to apply Limitation Act, 1963, cannot be given retrospective effect to empower CLB: SC (See 'Legal Desk') Chouhan addresses Young Leaders at Viksit Bharat Dialogue 2026 (See 'Corp Brief')

Print

Port, Inland Waterways Projects Worth Rs 552 Crore launched to boost Riverine Logistics

Published: Jan 19, 2026

By TIOLCorplaws News Service

NEW DELHI, JAN 19, 2026: PRIME Minister Narendra Modi, inaugurated, laid the foundation stone of and flagged off various development projects worth more than Rs 830 crore at Singur in Hooghly district, West Bengal yesterday. Addressing the gathering on the occasion, Modi remarked that yesterday he was in Malda and yesterday he had the privilege of being among the people in Hooghly. He highlighted that for a developed India, the development of Eastern India is essential, and with this goal the Union Government is continuously working. He stated that the programmes of yesterday and yesterday strengthen this resolve. The Prime Minister noted that during this period he had the opportunity to lay the foundation stone and inaugurate projects worth hundreds of crores related to the development of West Bengal.

PM Modi highlighted that yesterday the country's first Vande Bharat Sleeper Train was launched from West Bengal. He added that Bengal has also received nearly half a dozen new Amrit Bharat Express trains. He remarked that yesterday three more Amrit Bharat Express trains have been launched. He pointed out that one of these trains will further strengthen the connectivity between his parliamentary constituency Varanasi and Bengal. He further stated that Amrit Bharat Express trains have also been launched for Delhi and Tamil Nadu. The Prime Minister underlined that the past 24 hours have been unprecedented for West Bengal's rail connectivity.

PM Modi observed that Bengal has immense potential for waterways and the Union Government is working on this as well. He noted that assistance is being provided to build the necessary infrastructure for port-led development. He stated that a short while ago, projects related to ports and river waterways were also inaugurated and foundation stones laid. He emphasised that these are very important for the development of West Bengal and India. He remarked that these are the pillars on which West Bengal can be developed into a major hub of manufacturing, trade, and logistics. The Prime Minister congratulated everyone for these projects.

"The dedication of infrastructure projects worth Rs 830 crore marks a major step in scaling up waterways and rail-based transportation in West Bengal. These projects will significantly enhance cargo movement, strengthen multimodal connectivity and ensure smoother passenger travel through modern, safe and energy-efficient transport systems, while accelerating economic activity and employment generation across the region," said Union Minister, Sarbananda Sonowal on the occasion.

Speaking about the decisive leadership of Prime Minister Narendra Modi for revival and rejuvenation of the Inland Waterways on the occasion, Sarbananda Sonowal, Union Minister of Ports, Shipping & Waterways (MoPSW), said, "For decades, India's inland waterways remained largely untapped despite their immense potential. Under the visionary leadership of Prime Minister Narendra Modi, this sector has been comprehensively transformed into a modern, efficient and economical mode of transportation. Yesterday, inland waterways are emerging as a vital pillar of India's multimodal logistics network, reducing congestion on roads and railways, lowering logistics costs and driving sustainable growth across the country."

In a major push to strengthen river-based logistics and promote sustainable inland water transport, projects worth Rs 552 crore were launched under the ports and inland waterways sector, marking a significant step toward decongesting traditional cargo routes and expanding multimodal connectivity.

A key highlight was the inauguration of the Extended Port Gate System at Balagarh, developed by the Syama Prasad Mookerjee Port Authority (SMPA). Located about 45 nautical miles upstream from Kolkata, the facility is aimed at easing congestion at the Kolkata Dock System while enabling efficient movement of cargo through inland waterways.

The Balagarh facility includes a modern barge terminal with two berths capable of handling containerised and coal cargo, with a projected capacity of 2.7 million tonnes per annum. The terminal is seamlessly integrated with National Waterway-1 (Ganga–Bhagirathi–Hooghly) and is supported by road and rail connectivity, strengthening multimodal logistics across the eastern region.

Supporting infrastructure at the site includes a newly constructed road overbridge and advanced dredging facilities, enabling uninterrupted year-round navigation and improved turnaround time for cargo vessels.

As part of the clean transport initiative, the Prime Minister also launched a 50-passenger hybrid electric aluminium catamaran, marking a major milestone in the transition toward green inland water transport. Developed at a cost of Rs 12 crore, the vessel is powered by advanced lithium-titanate battery technology, offering an energy-efficient and environmentally sustainable option for passenger movement on inland waterways in Kolkata.

"West Bengal has always been the gateway to India's maritime trade, and under PM Modiji's leadership, the state is once again emerging as a growth engine for eastern India. With strengthened ports, inland waterways and rail connectivity, Bengal is becoming a vital link between the rest of the country and the Northeast, reinforcing the Prime Minister's vision of making eastern India the centre of India's next development journey," added Sonowal.

The initiatives are aligned with the government's broader vision of leveraging inland waterways as a cost-effective, environment-friendly and reliable mode of transport, while enhancing port-led development and reducing pressure on road and rail networks.

Strengthening rail connectivity, the Prime Minister inaugurated railway infrastructure projects worth Rs 280 crore and flagged off new passenger services to improve regional and long-distance travel. Key initiatives included the commissioning of the 15-km Jayrambati–Barogopinathpur–Maynapur rail section, part of the 83-km Tarakeswar–Bishnupur rail project, expected to spur socio-economic development in Bankura district. A new passenger train between Jayrambati and Maynapur was also flagged off, benefiting daily commuters and students. In addition, three Amrit Bharat Express services were launched to enhance national connectivity - linking Santragachi with Tambaram, Howrah with Anand Vihar Terminal, and Sealdah with Banaras - strengthening economic, cultural and religious corridors across the country.

The inauguration, conducted virtually from Singur, reflects the Government of India's commitment to strengthening logistics, mobility and regional connectivity in West Bengal and the Eastern region. Governor of West Bengal, C V Ananda Bose, Union Ministers, Sarbananda Sonowal, Shantanu Thakur, Sukanta Majumdar were present among other dignitaries at the event.

These projects reflect the Modi Government's integrated and future-oriented approach to infrastructure development, combining sustainable inland water transport with modern rail connectivity. Together, they are expected to reduce logistics costs, ease congestion, improve passenger mobility and reinforce West Bengal's role as a vital gateway for trade and connectivity between India's mainland and the North-Eastern region.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

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