1. Home
  2.  |  
  3. Economy Current Affairs  |  

IWAI signed MoU with Odisha government to develop stretches of National Waterway 5

Dec 23, 2014 11:02 IST

The Inland Waterways Authority of India (IWAI) on 22 December 2014 signed the Memorandum of Understanding (MoU) with Odisha government and 2 ports to develop commercially viable stretches of National Waterway 5.

These two ports are Paradip Port and Dhamra Port Company Limited that serve the Eastern and Central parts of the country.

In the National Waterway-5, East Coast Canal has been integrated with Brahmini river and Mahanadi delta rivers (588 km).

National Waterways (NW)
The Inland Waterways Authority of India Act, 1985 established the Inland Waterways Authority of India (IWAI) for the regulation and development of Inland Waterways as National Waterways (NWs). The development of National Waterways (NW) comes under the purview of central government.

So far, the following waterways have been declared as NWs:-
•    Ganga-Bhagirathi-Hooghly river system (Allahabad-Haldia-1620 km) in National Waterway-1.
•    River Brahmaputra (Dhubri-Sadiya-891 km) in National Waterway-2.
•    West Coast Canal (Kottapuram-Kollam) along with Udyogmandal and Champakara Canals-(205 km) in National Waterway-3.
•    Kakinada-Puducherry canals along with Godavari and Krishna rivers (1078 km) in National Waterway-4.
•    East Coast Canal integrated with Brahmani river and Mahanadi delta rivers (588 km) in National Waterway-5.

Background
The National Waterways-1, 2 & 3 have already been made operational. For development of NW-4 & 5, Detailed Project Reports (DPRs) were completed in 2010.

Initially, the government tried to explore possibility of developing stretches of the fairway on National Waterway-4 and 5 under Public Private Partnership (PPP) mode.

However, it was not found to be feasible. It has been decided that fairways in the National Waterways will be developed through budgetary support and multilateral assistance.

Is this article important for exams ? Yes21 People Agreed

Latest Videos

Register to get FREE updates

    All Fields Mandatory
  • (Ex:9123456789)
  • Please Select Your Interest
  • Please specify

  • ajax-loader
  • A verifcation code has been sent to
    your mobile number

    Please enter the verification code below

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK