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VADHAVAN PORT PROJECT

26th June, 2024

VADHAVAN PORT PROJECT

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Picture Courtesy: https://www.business-standard.com/economy/news/rs-76-000-cr-vadhavan-port-project-in-maharashtra-gets-cabinet-approval-124061901136_1.html

Context: The Union Cabinet, led by the Prime Minister, implemented key infrastructure and energy plans to improve economic growth and sustainability in India.

Vadhavan Port Project in Maharashtra

  • Jointly developed by Jawaharlal Nehru Port Authority (JNPA) (74%) and Maharashtra Maritime Board (MMB) (26%) through Vadhavan Port Project Limited (VPPL)
  • Objectives and Scope:
  • Connectivity:
    • Road and Rail Linkage: Approval for road connectivity to national highways by the Ministry of Road Transport & Highways, and rail linkage to existing network and Dedicated Rail Freight Corridor by the Ministry of Railways
  • Environmental Considerations: Addressing environmental concerns and local community issues, with initiatives to mitigate potential impacts and ensure sustainable development.
  • Economic Impact: Expected to create significant employment opportunities and enhance economic progress in the region, positioning Vadhavan Port among the top 10 ports globally upon completion.

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Source:

Business Standard

PRACTICE QUESTION

Q. Where is Vadhavan Port, frequently seen in the news, located?

A) Gujarat

B) Maharashtra

C) Tamil Nadu

D) Kerala

Answer:  B