9 months ago
India Invests Rs 80 Lakh Crore in Maritime Sector, Aims for 20 Lakh Jobs
India's government is planning to spend a lot of money, 80 lakh crore rupees, to improve its shipping and port businesses over the next few years.
They believe this will create about 20 lakh new jobs for people.
The goal is to make India a big player in shipping around the world.
This includes making ports more modern, using more technology, and teaching people the skills they need.
They also want to help ships travel easily along the coast and build more ships.
By doing this, they hope India will become one of the top three biggest economies in the world soon.
Even the mental well-being of sailors is being considered with a special program.
Union Government to invest Rs 80 lakh crore in India's maritime sector under the Amrit Kaal Bharat Vision.
The plan aims to generate approximately 20 lakh employment opportunities.
Focus areas include modernizing ports, digital transformation, and developing skilled human resources.
India currently ranks fifth globally in maritime performance and aims for global leadership.
Initiatives like 'Sagar Mein Yoga' are being implemented to support seafarers' mental health.
- Who
- Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal
- What
- Announced an ambitious plan to invest Rs 80 lakh crore in India’s maritime sector under the Amrit Kaal Bharat Vision, aiming to generate 20 lakh jobs and modernize ports.
- Where
- Mangalore Marine College and Technology (MACT) at Padil, Mangaluru
- When
- Thursday
- Why
- To modernize ports, promote digital transformation, develop skilled human resources, enhance maritime infrastructure, and position India as a global maritime leader.
Current Maritime Performance
Future Aspirations
Global Ranking
Current Maritime Performance
India currently ranks fifth globally in maritime performance.
Future Aspirations
India aims to enhance maritime infrastructure and position itself as a global maritime leader, contributing to becoming the world's third-largest economy.
Job Creation
Current Maritime Performance
Existing employment in the maritime sector.
Future Aspirations
The Centre aims to generate around 20 lakh employment opportunities through investment in the maritime sector.
Key facts
- Total Investment
- Rs 80 lakh crore
- Employment Generation Target
- 20 lakh jobs
- Vision Document
- Amrit Kaal Bharat Vision
- India's Global Maritime Ranking
- Fifth globally
- Economic Target
- World's third-largest economy by 2029
Quotes
Sarbananda Sonowal
Union Minister for Ports, Shipping and Waterways
“India’s aspiration to become the world’s third-largest economy by 2029 depends on the collective effort of all sectors, and maritime growth will play a vital role.”
thehansindia.com
“Our objective is to enhance maritime infrastructure and position India as a global maritime leader.”
thehansindia.com
Sushil Khopde
Additional DG of Shipping
“Sagar Mein Yoga”
thehansindia.com
