Business Today

The Giant Leap

The Sagarmala project has made huge progress in the last three years, but funding is a big constraint.

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.

More from Business Today

Business Today2 min read
“Hire For Attitude, Not Ability”
Thryve Digital is a player in the healthcare technology sector delivering next-generation solutions What was the problem you were grappling with? When I decided to take on the challenge of setting up Thryve Digital, there wasn’t any industry referenc
Business Today2 min read
Business Today
Chairman & Editor-in-Chief: Aroon Purie Vice Chairperson & Executive Editor-in-Chief: Kalli Purie Group Chief Executive Officer: Dinesh Bhatia Executive Director: Rahul Kanwal Chief Operating Officer: Alok Nair Editor: Sourav Majumdar Group Creative
Business Today1 min read
In Depth Knowledge From The Most Credible Source
Subscribe and get upto 72% discount

Related