New Student User- Use Code HELLO

Register Now

Sagarmala Project gets a New Target

Published on May 07, 2022
Current Context: The government of India has recently revised the total investment to be made under the Sagarmala Project, launched in 2015.
Sagarmala Project gets a New Target
  • Sagarmala, an ambitious project that aims to ensure last-mile coastal connectivity, has seen a revision in the Investment target from 1 Trillion Rupees to 6.5 Trillion Rupees.
  • These projects include port modernization, coastal shipping, and inland waterways development among others. As of now, 202 projects worth 99,281 crore Rupees have been completed. Another 200 projects worth 2.2 trillion are underway.
  • The inter-ministerial committee has approved 735 new projects, taking the total projects to 1735 which will augment the total investment to 6.5 trillion rupees.
  • The Sagarmala Project is similar to the Golden Quadrilateral that saw connecting India through One road. The project has taken care of environmental clearances and the safety of coastal zones as suggested by Shailesh Nayak Committee.

Question:

Q.1 What is the revised investment target under the Sagarmala Project?
a. 2.5 trillion Rupees
b. 6.5 trillion Rupees
c. 4.5 trillion Rupees
d. None of the above
ebook store

About us

ramandeep singh

Ramandeep Singh is a seasoned educator and banking exam expert at BankExamsToday. With a passion for simplifying complex concepts, he has been instrumental in helping numerous aspirants achieve their banking career goals. His expertise and dedication make him a trusted guide in the journey to banking success.

  • Follow me:
Close Menu
Close Menu