New Delhi, Jan 31 (IANS) Praising Prime Minister Narendra Modi, Union Minister Sarbananda Sonowal on Friday said as a result of the transformational initiatives initiated by the PM in the Ports Sector, an exceptional rate of capacity enhancement in ports has been witnessed.
He said: “Gratified to see Ministry of Ports Shipping & Waterways trailblazing at the forefront among Infra Ministries with a remarkable 76 per cent capital expenditure upto November, 2024 for FY 25(BE) as per Economic Survey 2024-25, in line with the thrust given by Prime Minister Narendra Modi.”
Sarbananda Sonowal further added: “As a result of the transformational initiatives initiated by Prime Minister Narendra Modi in the Ports Sector, happy to witness an exceptional rate of Capacity Enhancement in Ports from 3 MTPA during April-November (FY 24) to 21 MTPA during the same period this FY as per Economic Survey 2024-25. The report factually establishes — beyond any doubt — how PM Modi-led government has transformed India’s Marine Sector in a top global force to reckon with.”
An official release read: “Some of the key highlights from the Economic Survey 2024-25 on the Ministry of Ports, Shipping & Waterways included that the ministry is in full sail on progress in capital expenditure among infrastructure sectors, says Economy Survey 2024-25. Ministry of Ports Shipping & Waterways trailblazes at the forefront among Infra Ministries with remarkable 76 per cent capital expenditure up to November last year for the previous financial year.
“An exceptional rate of growth of Capacity Enhancement in Ports from 3 MTPA during Apr-Nov (FY 24) to 21 MTPA during the same period this Financial year, mentioned the Economic Survey along with tremendous improvement in reduction of average container turnaround time in major ports”, it added.
Earlier, Sonowal highlighted milestones achieved under Prime Minister Narendra Modi’s leadership, particularly in the maritime sector.
“Under the dynamic leadership of PM Modi, the year 2024 was a landmark for India’s maritime ambitions,” he said.
“From laying the foundation of the country’s 13th and largest major port to opening new global trade routes, we took significant strides to establish India among the top 10 maritime nations in the world.”
–IANS
tdr/pgh
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
