Since Narendra Modi voted to power in May, 2014, the infrastructure development is one of the top priorities of the Union Government. PM Modi is of firm view that infrastructure development can play a pivotal role in bolstering India’s growth. NDA government has stressed on better development of National Highways, Ports, Bridges etc under various centrally sponsored schemes.
Cognizance to the latest report, The Road Transport and Highways ministry has proposed the construction of 25,000 km covering borders, ports, religious and tourists places, and hilly areas by the year 2022. It includes Sethu Bhartam project, Char Dham connectivity and National highways development programmes. It has been estimated the investment of 2.6 lakh crore with Rajasthan, Odhisha and Tamil Nadu will be the great beneficiaries. The Union government has plan to construct 50,000 km in the next five fiscal years that will extend the highways length to 1.5 lakh km. Most of the project will be covered under Bharat Mala but few are also undertaken with Public-Private Partnerships (PPP) mode.
It has both economic and strategic components. It will not only in moving goods among different regions but also help in mobilizing Indian troops along the border as it is binding all land border of India with single structure. It will also help in export-import of goods with neighbouring countries. This project is expected to complete in 5 years from the commencement.
Sagar Mala is being envisioned as an integrated infrastructure cum policy imitative that will provide a three pronged approach for the development of India’s Maritime sector by focusing on port development.
Therefore, Sagar Mala project has three main components to deliver:
- Port Modernization: Transforming the existing major and minor ports in two world class ports by modernizing the infrastructure and existing systems. It is planned to enhanced the cargo carrying capacity of the ports with better connectivity among the ports of various regions to aid in trade growth of India.
- Efficient Evacuation System: It is important to provide better roads, rail link to hinterland to make evacuation of goods efficiently. Hence, the development of roads, rail and inland coastal shipping will be developed to enhance the movement of goods within India.
- Coastal Economic Development: Economic development will be encouraged near the coastal areas so that export-import system can be encouraged. Development of SEZs, CEZs (Coastal Economic Zones), Captive ancillary industries and the promotion of coastal tourism will be promoted to lay the new foundation of growth along the coastal reagions of India.