GOVERNMENT SAGARMALA PROJECT Sagarmala is the one of the biggest project of indian government ever Launched in April 2016 The estimated time to finish the project is year 2022 More than the half of the work has been done The major port of india is mumbai, chennai, koachin and visakhapatnam Estimated more then 6 lacs employement generated by this project or you can say more then 6 lacs involved in this project its was the dream project of our prime minister shri narender modi IMPORTANT OF SEA PORTS 9states+3 up 7500 km coast line 20% of population Contribution of coastal starts to GDP: 60% approx India has 12 major ports+200 small ports 95 % trade by volume 70 % trade by value WHY SAGARMALA Weak infrastructure at ports and beyond Lack of requisite transport infrastructure and hinterland linkages Lack of cohesive institutional arrangements VISION Port led devlopment Port infrastructure development Effeceint hinterland connectivity OBJECTIVE Increase volume of inland and coastal shipping by 50 MTPA National multimodel logistics plan using ICT Increasing the competitiveness of core & manufacturing industry Coastal roads (min 2 lanes ) throgh coastal states DEVELOPING THROGH PORTS & SHIPPING
2-3 port based smart cities & marine clusters
100 early bird projects, PPP, 1 lac crore each, 10000 acre acre 50000 jobs BENEFIT TO COASTAL COMMUNITIES Skill building in coastel states , 20 million new job Comprehensive coastal development, tourism and cruise tourism BENEFIT Reduction in bottle neck for future growth Synergy between industrial coridor and shipping ind. Reduction in logistics cost + better resource utilisaton New industry + ship building and repair cluster Skill development leads to livilehood generation Increase standard of living better HDI ISSUES Fisherman issues Chinese model of port based development US DOESN’T HAVE GOODS ROAD BECAUSE ITS RICH BUT RICH BECAUSE IT HAS GOOD ROAD. - HENRY FORD BHARATMALA CONNECTING INDIA LIKE NEVER BEFORE HOW DO ROADS HELPS IN ECONOMIC DEVELOPMENT
When in trouble, some politicians and countries return to
the influential britsh ecenomiest john maynard keynes. Keynes believed that government must be ready to borrow more and invest in public works in order to restart growth The govt. will build roads. It will employ many people in the process and pay them. This income when spent will spur business as well as the economy. The project is expacted to creat nearly 100 million jobs during and subsequently 22 million jobs as a result of the increased economic activity across the country EXAMPLE Tto go from bejjing to shangai via road as per google maps it takes around 12.5 hours for a distance of 1213 km To go from delhi to mumbai it takes around 22.5 hours for a distance around 1414 km for 200 km more in india 10 more hours are required. Average speed in the china around 100 km per hour and in the indian one around 60 km ENTER BHARATMALA Bharatmala is the umbrella program fr the new highway sector that focuses on optimizing effeciency of road traffic movment across the cuntry by bridging critical infrastructre gaaps Bharatmala projects which was cleared by the union cabinet on october 25, 2016 is the largest highway construction projects in the country since NHDP. THE PROJECTS COVERING A WHOPING 34800 KMS OF ROADS WOULD BE COMPLEYTED IN A PHASE MANNER Sl components Length in kms Outlay in rs no. a. Economic corridor development 9,000 1,20.000 b. Inter corridor & feeder roads 6,000 80,000 c. National corridor effeciency 5,000 1,00,000 improvment d. Border & INTERNATIONAL 2,000 25,000 CONNECTIVITY ROADS e. Coastal & port connectivity roads 2.000 20,000 f. Expressway 800 3,85,000 Total 24800 3,85,000
Balanced roads weeks under NHDP 10,000 1,50,000
Total 34800 5,35,000
THERES MORE
In addition to rs 535000 crore for bharatmala phase
1 there is a requiremwnt of rs 1,57,324 for ongoing schemes like NH(O) SARDP-NE and LWEunder implimentation in the highway sector. Thus the overall outlay for bharatmala and all existing schemes put togather will be rs 6,92,324 crore over a period of 5 year (special accelrated road development program in north east) EMPLOYMENT Development of projects under the umbrella program would generate Ssubstantive employment opportunities across the country It has been estimated more than 10 crore mandays shall be generated from phase 1 program 20.2 permanent jobs LOGISTICS Bharatmala will lower logistics coast to 6% from18 % :gadkari Bharatmala program will increase vehicle travelling speed by around 20-25% thereb helping reduce logistics costs India hass been grapling with hih logistics costss to 16-18 % which make its exports uncompetitive vis-à-vis china, which hs lower logistics costs 8- 10% CONNECTIVITY The program enable to connect 550 districts in the country throgh NH linkage Currently, around 300 districts have NH linkage FUNDING The bharatmala projects will be funded in three phase manner- market, private and assets Of total rs,5,35,000 crore rs 2.09 lakh crore will be raised as debt market rs 1.06 lacs will be mobilised throgh PPP made and remaining 2.19 lacs crore flown from acrual central road funds toll operate-maintain-transfer monetensiation proceeds and toll collection. THANK YOU! FOR BEING A GOOD LISTNER