- PM to inaugurate India’s second Multi-Modal Terminal in Jharkhand
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PM to inaugurate India’s second Multi-Modal Terminal in Jharkhand
Prime Minister of India inaugurate India’s second riverine Multi-Modal terminal (MMT) built at Sahibganj in Jharkhand.
ABOUT THE MULTI-MODAL TERMINAL (MMT) AT SAHIBGANJ
- The terminal at Sahibganj will open up industries of Jharkhand and Bihar to the global market and provide Indo-Nepal cargo connectivity through waterways route.
- This is the second of the three Multi-Modal Terminals being constructed on river Ganga under Jal Marg Vikas Project.
WHAT IS JAL MARG VIKAS PROJECT?
- Jal Marg Vikas Project is a project on the river Ganga that envisages the development of waterway between Allahabad and Haldia that will cover a distance of 1620 km by March, 2023.
- The JMVP is being implemented by IWAI with the financial and technical support of World Bank.
- It will enable commercial navigation of vessels with capacity of 1500-2,000 tons on NW-I.
- The project covers Uttar Pradesh, Bihar, Jharkhand and West Bengal.
- It aims to develop fairway with three metres depth to enable commercial navigation of at least 1500 tonne vessels on river.
- It also includes development of fairway, multi-modal terminals, strengthening of open river navigation technique, conservancy works, modern River Information System (RIS) etc.
SIGNIFICANCE OF JAL MARG VIKAS PROJECT
- Alternative mode of transport that will be environment friendly and cost effective. The project will contribute in bringing down the logistics cost in the country.
- Mammoth Infrastructure development like multi-modal and inter-modal terminals, Roll on – Roll off (Ro-Ro) facilities, ferry services, navigation aids. Socio-economic impetus; huge employment generation.
- It is component of Eastern Transport Corridor (ETC) of India along with proposed Eastern Dedicated Freight Corridor (EDFC) and National Highway-2 (NH2).
- ETC will connect NCR with eastern and north-eastern states and function as link to neighbouring countries viz. Bangladesh, Nepal, Myanmar, Thailand and other east and south-east Asian countries.