Nitin Gadkari says major ports to form SPVs to develop 111 rivers as national waterways
National Waterways: Union Minister Nitin Gadkari said. Parliament in 2016 had given nod to convert 111 rivers across the country into National Waterways, in addition to existing 5 NWs, a move to boost movement of goods and passengers via rivers and expectedly reduce the transportation costs substantially
National Waterways: Gadkari regretted that unfortunately development of waterways had been on the backseat in the country resulting in barely 3.5 per cent of trade being done through the mode here as against 47 per cent in China. Image source: Reuters