The Giant Leap
The Sagarmala project has made huge progress in the last three years, but funding is a big constraint.
by PB Jayakumar
Aug 20, 2018
4 minutes
Often, the huge scale of infrastructure projects can be a hurdle in itself. This is what is happening to Sagarmala a project for port led development by harnessing India's 7,500 km coastline, 14,500 km of navigable waterways and improving access to international maritime trade routes. Sagarmala has taken a number of strides in the last three years, but funding and lack of active participation from the private sector are proving to be major constraints in its timely progress.
Until the end of 2017/18, 225 projects, valued at Rs2.38 lakh crore, were being implemented. Another 196, worth Rs71,868 crore, are likely to be
You’re reading a preview, subscribe to read more.
Start your free 30 days