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Sagarmala project can enable Odisha to emerge as major logistics destination, says Naveen Patnaik ANI | Updated: Apr 08, 2021 10:43 IST
Bhubaneswar (Odisha) [India], April 8 (ANI): OdishaChief MinisterNaveen Patnaik on Wednesday chaired the first meeting of the State Sagarmala Committee and said that the project can further enable Odisha to emerge as a major logistics destination. The Port-led development through industrialisation and connectivity is a major focus of Sagarmala projects. We will also be prioritising the Coastal community development as an integrated part of this initiative, said Patnaik.
The Sagarmala Project has a vision for port-led development across the coast of India. It aims at port modernisation, port connectivity, port led industrialisation and coastal community development. The projects under this program will get 50 per cent funding from the Centre.
Odisha CM chairs first meeting of State Sagarmala Committee pakistantelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pakistantelegraph.com Daily Mail and Mail on Sunday newspapers.
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Ranks third among major ports for second successive year
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VPT has signed about 27 MoUs worth around ₹28,875 crore and ongoing projects are on schedule, says its Chairman K. Rama Mohana Rao. | Photo Credit: DEEPAK KR
Ranks third among major ports for second successive year
The Visakhapatnam Port Trust grossed up 69.84 million tonnes for the fiscal 2020-21, which is about 4% less than that of the previous year’s 72.72 million tonnes.
Of the 69.84 MT, about 38.73 MT were imports and 30.08 MT were export cargoes. The remaining was under transhipment, as year the closed.
Addressing the annual press conference here on Saturday, the Chairman of VPT, K. Rama Mohana Rao, said that despite COVID-19 pandemic hitting the all-round trade, the port was able to come close to its target and was successful in keeping its third position among major ports intact for the second successive year. This was also the third highest annual cargo throughput achieved by