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Context:
Recently, the Union Ministry of Ports, Shipping & Waterways (MoPSW) unveiled the ‘Jalvahak scheme’ to promote cargo movement through National Waterways.
About the Jalvahak scheme:
This scheme will incentivize the movement of long-haul cargo facilities in the following: -
It is a joint effort by the Inland Waterways Authority of India (IWAI), and the Inland & Coastal Shipping Limited (ICSL).
This scheme encourages to reduce logistics costs, decongesting roads and railways, and adapting to a sustainable mode of transportation.
Initially, this scheme will be valid for a period of 3 years.
The scheme offers reimbursement of up to 35% of total operating expenditure incurred while transporting cargo via waterways on NW 1, NW 2 & NW 16 through the Indo Bangladesh Protocol (IBP) route.
The National Waterways Act, 2016
It has identified 111 navigable water courses and declared them “national inland waterways”.
These 111 Waterways include 5 existing and 106 new waterways spread over 24 states.
The regulation and development of inland waterways for shipping and navigation are under the IWAI in the National Waterways Act, 2016.
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