The State government of Kerala is expecting the Central government to share cost on 50:50 basis for inland water project in Kovalam-Kasaragod stretch
A report in The Hindu said Kerala is looking up to the Union government to part-finance the upgrade of the West Coast Canal, extending from Colachel to Kasaragod, into National Waterway III.
“The State has sought 50 per cent funding from the Centre for developing the stretch from Kovalam to Kasaragod so that the project could be implemented on 50:50 cost-sharing basis,” it said.
Kerala hopes that the Centre would respond positively to its demand as Union Minister for Road Transport and Shipping Nitin Gadkari has proposed a special purpose vehicle and cost-sharing to develop the inland waterways in the south, the report said, adding that with the NW III extension, this will be an inter-State tidal waterway of over 700 km, parallel to the coast, coastal highway and rail.
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