The Coastal Berth Scheme is a key initiative under the Sagarmala Programme to promote the development of dedicated infrastructure for coastal shipping of goods and passengers across India’s Major and Non-Major Ports. The scheme provides financial aid for projects which promote coastal shipping at Indian ports. So far, 21 projects worth Rs. 729.6 Cr have been provided financial assistance of Rs. 205 Cr. under this scheme.
The following initiatives have been taken under the Sagarmala Program to promote coastal shipping
The current percentage of coastal shipping in India’s modal mix is 6%. It is an aim of the Sagarmala program to increase this to 12% by 2025
In 2014-2015, the total cargo transported by coastal shipping was 83 million tonnes whereas in 2017-2018 the same is estimated at 107 million tonnes. An estimated 8.8 percent CAGR growth was recorded over the last 3 years, as against 4.5 percent CAGR growth in the preceding 3 years.