MAJOR INITIATIVES FOR INDIA’S MARITIME SECTOR

GS3 ECONOMIC DEVELOPMENT:

  1. One Nation-One Port Process (ONOP)
  • Standardises port operations across India.
  • Reduces container documentation by 33% and bulk cargo documentation by 29%.
  • Enhances trade efficiency and global competitiveness.
  1. Sagar Ankalan Logistics Port Performance Index (LPPI)
  • Benchmarks port efficiency in cargo handling and turnaround time.
  • Promotes transparency and operational excellence.
  • Strengthens India’s logistics and trade networks.
  1. Bharat Global Ports Consortium
  • Enhances India’s maritime global presence.
  • Supports ‘Make in India’ by improving port operations and trade logistics.
  • Encourages private-sector participation in maritime infrastructure.
  1. MAITRI Application
  • Establishes a ‘Virtual Trade Corridor’ with the UAE.
  • Uses AI and Blockchain for secure and efficient trade.
  • Aims to reduce bureaucratic delays in maritime trade.
  1. India Maritime Week 2025
  • Scheduled for October 27-31, 2025.
  • Includes the Global Maritime India Summit.
  • Expected participation from 100+ countries to showcase India’s maritime advancements.
  1. Financial Support for Shipbuilding
  • Expansion of the Maritime Development Fund to modernise ports.
  • Revamped Shipbuilding Financial Assistance Policy to enhance global competitiveness.
  1. National Centre of Excellence in Green Port and Shipping (NCoEGPS)
  • Focuses on eco-friendly port management and carbon footprint reduction.
  • Supports India’s commitment to a sustainable blue economy.
  1. Future Vision and Economic Impact
  • Aims to position India as a global maritime leader.
  • Enhances port efficiency, trade facilitation, and job creation.
  • Strengthens economic resilience through sustainable maritime growth.

Leave a Reply

Your email address will not be published. Required fields are marked *