Sagarmala Programme Phase II

About the Scheme

Port-led development program with 839 projects worth ₹5.8 lakh crore by 2035. Focus on port modernization and connectivity.

Target Beneficiaries: 262 projects worth ₹1.4 lakh crore completed. 20 projects with ₹11,620 crore investment completed in 2023.

Implementing Agency: Ministry of Ports, Shipping and Waterways, various Major and Non-Major Port Trusts, State Maritime Boards, and other central/state agencies.

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✦Key Features

• Port Modernization & New Port Development focusing on increasing capacity and operational efficiency.
• Port Connectivity Enhancement projects including last-mile road/rail connectivity to ports and inland waterways development.
• Port-led Industrialization initiatives setting up manufacturing clusters and special economic zones near ports.
• Coastal Community Development programs focusing on skill upgradation, fisheries, and coastal tourism.
• Green Port Initiatives promoting environmental sustainability in port operations and infrastructure.
• Strategic projects aimed at improving India's global maritime positioning and trade competitiveness.

✓Eligibility Criteria

• Projects related to port infrastructure development and modernization.
• Proposals for enhancing multimodal connectivity to and from ports.
• Industrial units and economic zones seeking to establish near coastal areas for port-led growth.
• Coastal states and Union Territories for integrated development projects.
• Fishing communities and coastal populations for skill development and livelihood support programs.

★Benefits

• Reduced logistics costs for domestic and international trade, boosting economic competitiveness.
• Creation of significant employment opportunities in coastal regions through industrialization and infrastructure development.
• Enhanced efficiency and capacity of Indian ports to handle larger cargo volumes and modern vessels.
• Improved multimodal connectivity leading to faster and more reliable movement of goods.
• Overall socio-economic development of coastal communities and promotion of the 'Blue Economy'.

▶Application Process

• Identification and conceptualization of projects by various stakeholders (ports, states, private entities).
• Preparation and submission of Detailed Project Reports (DPRs) to the Ministry of Ports, Shipping and Waterways.
• Technical and financial appraisal of projects by expert committees and relevant authorities.
• Approval and sanction of projects based on feasibility, viability, and strategic importance.
• Implementation of approved projects through various executing agencies (e.g., Port Trusts, State Maritime Boards, PPPs).
• Regular monitoring and evaluation of project progress and outcomes.

₹ Budget Allocation

700