The Union government has okayed the Rs 5,369-crore Jal Vikas Marg Project (JVMP) in a bid to enhance navigation on the Haldia-Varanasi stretch of National Waterway-1 (NW-1).
Falling in the states of Uttar Pradesh, Bihar, Jharkhand and West Bengal, the project will cover major districts such as Varanasi, Ghazipur, Ballia, Buxar, Chhapra, Vaishali, Patna, Begusarai, Khagaria, Munger, Bhagalpur, Sahibganj, Musrhidabad, Pakur, Hoogly and Kolkata.
A statement from the shipping ministry said, “the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi has given its approval for implementation of the Jal Marg Vikas Project (JMVP) for capacity augmentation of navigation on NW-1 at a cost of Rs 5,369.18 crore with the technical assistance and investment support of the World Bank.”
The project is expected to be completed by March, 2023 and will provide an alternative mode of transport that will be environment friendly and cost effective.
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