Current Affairs-Topics

India to Allocate ₹50,000 Crore for National Waterways Development Over the Next 5 Years

India plans to allocate ₹50,000 crore over the next five years to enhance its national waterways. The investment will focus on creating new waterways, advancing eco-friendly shipping, expanding water metro projects in 15 cities, and improving infrastructure, including the construction of floating steel jetties.

In a major step to boost the country's inland water transport infrastructure, the Indian government has announced a ₹50,000 crore investment over the next five years. This initiative aims to develop and upgrade national waterways, promoting sustainable and efficient transportation.

Key Investment Areas

  • New Waterways and Green Shipping: Half of the total investment will go towards developing new national waterways and promoting green shipping initiatives, including the introduction of 1,000 eco-friendly vessels.
  • Expansion of Water Metro Projects: Building on the success of Kochi’s Water Metro, the government plans to extend similar projects to 15 cities, including Guwahati, to enhance urban water transport connectivity.
  • Infrastructure Development: The plan includes the construction of six floating steel jetties along the Godavari River (National Waterway 4) in Andhra Pradesh, aimed at improving access and trade opportunities.

Strategic Significance and Historical Context

The Inland Waterways Development Council (IWDC), established in 2023, is crucial to this initiative, fostering cooperation between central and state governments to unlock the economic potential of inland waterways.

Historically, India’s inland waterways have been underutilized compared to other countries. The National Waterways Act of 2016 declared 111 waterways as national assets to facilitate cargo and passenger movement. However, only a small portion of trade is currently carried out via waterways, highlighting the need for increased investment and focus.

Economic Impact and Future Prospects

This ₹50,000 crore investment is expected to transform India’s inland water transport sector by developing 20 of the 26 viable national waterways. The initiative aims to boost water-based trade, reduce logistics costs, and promote environmentally friendly transportation.

Additionally, the Riverine Community Development Scheme will focus on enhancing the socio-economic conditions of coastal communities by improving infrastructure, promoting trade and tourism, and supporting the riverine ecosystem.

More Related Articles

The 52nd Chief Justice of India

The official appointment of Justice BR Gavai as the 52nd Chief Justice of India (CJI) on May 14, 2025, is a momentous occasion for a variety of reasons. From legal buffs to UPSC aspirants to the gener

A ₹3,706 Cr Vision for UP’s Growth

2025 appears to be a pivotal year for the electronics and manufacturing sector in India, with Uttar Pradesh being particularly affected. As their 2025 development plans gain momentum, the Indian g

The Rise of Female Entrepreneurs in India

India’s startup boom is reshaping industries, and thankfully, it’s opening doors for female entrepreneurs in India to become job creators, leaders, and change-makers. However, despite

India’s Economy Needs a Reboot

Sabeer Bhatia on India’s Economy Commonly understood as the foundation of economic growth measures, an Indian IT visionary is challenging the fundamental basis of this perspective. When Sab

India’s University Vacancies in 2025 Explained

India's university system is undergoing significant changes with the implementation of the National Education Policy 2020. Many respected companies still lack a permanent chief executive offic

Mahabodhi Temple Controversy Heats Up in 2025

Mahabodhi Temple Controversy: What You Need to Know Every day brings with it new debates and developments. But some controversies go deeper—touching not just legal or political aspects, b

Indian Railways and the RTC Power Mode

Indian Railways' Green Shift with RTC Power Model The Indian Railways is not just a lifeline for millions—it’s now becoming a beacon of sustainability. With a sharp focus on

India's Defence Exports in 2024-2025

Record Growth in Defence Exports In the financial year 2024-25, India's defence exports in 2024-2025 reached a historic milestone of ₹23,622 crore (approximately US$2.76 billion), marking a

New Waqf Bill 2025

Waqf Bill 2025 Introduced in Parliament The Waqf (Amendment) Bill 2025, introduced in New Delhi by Union Minister of Minority Affairs Kiren Rijiju in April 2025, was intensely debated in the

NHAI Hikes Toll Charges by 4-5%

NHAI Hikes Toll Charges by 4-5% Across National Highways April 1, 2025: Commuters on national highways will now have to pay higher toll fees as the National Highways Authority of India (NHAI) hik

Toppers

anil kumar
Akshay kuamr
geeta kumari
shubham