- 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
