PM Modi inaugurated India’s First Multi-Modal Terminal at Varanasi

Varanasi | Prime Minister Narendra Modi on Monday inaugurated India’s first Multi-Modal Terminal at Varanasi port on river Ganga in his parliamentary constituency Varanasi as part of the Union government’s initiative to develop inland waterways for the transport of goods through rivers. This is the first of the four multimodal terminals being constructed on NW-I ( River Ganga) as part of the World Bank aided Jal Marg Vikas project.

PM Modi also received India’s first container consignment (post independence) that sailed from Kolkata’s Haldia port on the inland waterway on October 30. The container carried cargo belonging to food and beverage giant PepsiCo India. The recent transport of goods through inland waterways is a part of the Union governments Jal Marg Vikas project which aims towards developing inland waterways transportation. The project is seen as a cheap and environment-friendly mean of transportation for the cargo movement. The central governement has also setup an Inland Waterways Authority of India (IWAI) for this project.

As part of the project, the government with the technical assistance and investment support from the World Bank is developing the National Waterway-1 between Kolkata’s Haldia and Uttar Pradesh’s Varanasi. Both the Union government and World bank will be sharing the total estimated cost of Rs 5,369.18 crore on a 50:50 ratio. Uttar Pradesh Chief Minister Yogi Aditynath along with Union minister for Shipping and Water Resources Nitin Gadkari were also present at the event along with Prime minister Narendra Modi.
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