Assam: World Bank, Centre sign $88 mn loan agreement for Inland Water Transport
First Published: 17th January, 2020 16:08 IST
The central government, Assam government and the World Bank signed a loan agreement of USD 88 million here on Thursday to help modernise Assam’s passenger ferry sector that runs on
The central government, Assam government and the World Bank signed a loan agreement of USD 88 million here on Thursday to help modernise Assam’s passenger ferry sector that runs on its rivers including Brahmaputra.
A Finance Ministry release said a majority of Assam’s more than 361 ferry routes cross the Brahmaputra or serve its islands, providing a crucial means of transport to thousands of commuters in both the urban and rural areas of the Brahmaputra Valley.
The Assam Inland Water Transport Project (AIWTP) will help Assam improve the passenger ferry infrastructure and its services and strengthen the capacity of institutions running the inland water transport, the release said.
“Technically better-designed terminals and energy-efficient vessels (both new and retrofitted) will make the ferry services more sustainable with least disruption to nature,” the release said.
The release said Assam government has taken the challenge of modernising ferries sector which, though vital to the state, remains largely informal.
The project will support the Assam government’s efforts to corporatise its own ferry activities.
The Assam Shipping Company (ASC) will operate the government ferries and the Assam Ports Company (APC) will provide terminals and terminal services on a common-user basis to both public and private ferry operators.
(ANI)
COMMENTS
TOPMOST STORY NOW
Live J-K: IAF soldier injured in terrorist attack in Poonch dies, search operation underway
05th May 2024Live Labour’s Sadiq Khan makes history, wins third term as London Mayor
05th May 2024Live At least 56 killed due to torrential rains in Brazil
05th May 2024Live Haflong rail connectivity: Restoration works in Lampur and New Harangajao under progress
04th May 2024WE RECOMMEND
Brace for more rain in Assam’s Dima Hasao till June 15: IMD issues alert
To avoid any potential hazards, people have been urged to stay indoors and avoid travelling during rain and night.
04th May 2024Assam: Former Hill Area Development (HAD) minister Sum Ronghang passes away at 61
As per sources, the cause of his death was due to multiple organ failure.
03rd May 2024Absence of proper bridge, poor transport facilities key election issue in Char area of Assam’s Dhubri
More than 100 villages are settled in the Char area of Dhubri. People living in these villages have to use a boat to go to Dhubri town. In the morning, school children also come from one bank to the other by boat, and then reach their school.
03rd May 2024Diarrhea outbreak in Dibrugarh tea estate, 2 dead
It may be mentioned here that Mukalbari tea estate has emerged as the epicenter of diarrhea till now.
03rd May 2024Fake news alert: Notification claiming Assam HS results to be declared tomorrow is fake
This notification has been going viral on social media since last evening.
03rd May 2024