MoPSW Signs MoUs for BCSL & Outer Harbour Project

Current Context: On Feb 3, 2026, the Ministry of Ports, Shipping & Waterways (MoPSW) signed two landmark MoUs in New Delhi.

• The first MoU launched the Bharat Container Shipping Line (BCSL) to cut dependence on foreign shipping operators.
• It ties into the ₹10,000 crore Container Manufacturing Assistance Scheme, aiming for 750,000 TEUs annually.
• The second MoU secured funding for the Outer Harbour Project at V.O.C. Port, Tamil Nadu under the Hybrid Annuity Model.
• Up to ₹15,000 crore will be invested in dredging, bund construction, and port expansion.
• Together, these projects strengthen India’s maritime infrastructure, drive Atmanirbhar Bharat, and boost global competitiveness.

Question:

Q.1 The Bharat Container Shipping Line (BCSL) is linked with which government support scheme?
a) Sagarmala Programme
b) Shipbuilding Financial Assistance Policy
c) Container Manufacturing Assistance Scheme
d) National Logistics Policy

Answer: c) BCSL is tied to the ₹10,000 crore Container Manufacturing Assistance Scheme, supporting domestic container production.