GS3 ECONOMIC DEVELOPMENT:
- 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.
- 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.
- 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.
- 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.
- 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.
- Financial Support for Shipbuilding
- Expansion of the Maritime Development Fund to modernise ports.
- Revamped Shipbuilding Financial Assistance Policy to enhance global competitiveness.
- 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.
- 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.