Digital Portal for Private Investment in Inland Waterways

Recently, the Inland Waterways Authority of India (IWAI) launched a digital portal to facilitate private investment in the development of jetties and terminals on National Waterways. This initiative aims to enhance the Ease of Doing Business (EODB) and promote the growth of inland water transport (IWT) across India. The launch follows the introduction of the National Waterways (Construction of Jetties/Terminals) Regulations, 2025, which provides a regulatory framework for private entities to engage in terminal operations.

About the Digital Portal

The digital portal serves as a platform for private investors to apply for a No Objection Certificate (NoC) required for constructing or operating terminals. This initiative simplifies the application process, making it more accessible for private players. The system is designed to streamline regulatory procedures and encourage a business-friendly environment for infrastructure development.

National Waterways (Construction of Jetties/Terminals) Regulations, 2025

The newly introduced regulations allow any entity, including private companies, to develop or operate terminals on National Waterways. The regulations apply to both existing and new terminals, encompassing both permanent and temporary structures. Permanent terminals can operate indefinitely, while temporary terminals have an initial five-year operational term, with options for extension.

First No Objection Certificate Issued

During the launch event, the first NoC was issued digitally to Marina India Infrastructure Private Limited. This marked milestone as it was the first NoC granted to a private entity for terminal construction on a national waterway. The company plans to invest approximately ₹8 crores to establish a jetty at Malim on National Waterway-68 in Goa, designed to accommodate yachts and enhance river cruise tourism.

Economic Impact and Future Prospects

The IWAI’s initiatives have transformed inland waterways into a vital economic growth engine. Cargo movement has surged from 18 million tonnes to 133 million tonnes in the fiscal year 2023-24. The new regulations are expected to further accelerate this growth by attracting private investment and improving procedural efficiency, contributing to sustainable development in the sector.

Commitment to Sustainable Development

The government’s focus on sustainable and digitally driven development is evident in the new regulations. By encouraging private participation in terminal development, the initiative aims to create a modern, efficient, and inclusive inland water transport system. This aligns with the broader vision of Viksit Bharat, promoting economic empowerment and job creation.

Month: Current Affairs - April, 2025

Category: Government Schemes Current Affairs