Sagar mala for port-led development
Q. Which of the following statements is/are correct about Sagar mala?
1. The project aims at in effect achieving port-led development in coastal economic regions.
2. Ministry of Commerce and Industry will be nodal agency for implementation of this project.- Published on 07 Oct 15a. Only 1
b. Only 2
c. Both
d. None
ANSWER: Only 1
- Ministry of Shipping will be nodal agency for implementation of this project.
- A National Sagarmala Apex Committee (NSAC) is envisaged for overall policy guidance and high level coordination, and to review various aspects of planning and implementation under the chairmanship of the Minister of Shipping.
- The NSAC will have the shipping minister as its Chairman and the Shipping Secretary as the co-Chairman.
- Sagarmala Development Company (SDC) will be set up under the Companies Act, 1956 to assist the State level/zone level Special Purpose Vehicles (SPVs)
