Projects which are aligned to the objectives of the Sagarmala Programme (port modernization &efficiency improvement, ports connectivity enhancement, port-led industrialization and coastal community development) will be considered for funding. Projects considered for funding (other than equity support) under the Sagarmala Programme's budget shall be appraised and approved under the extant instructions and guidelines of the Ministry of Finance.

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Projects considered for funding under Sagarmala Programme will be funded either by providing equity support (SPV route) from the Sagarmala Development Company Limited (SDCL) or shall be funded (other than equity support) from the budget of Ministry of Shipping through grant-in-aid mode.

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