The Prime Minister’s vision of port-led growth is taking shape in Maharashtra with the signing of a memorandum of understanding (MoU) between Rail Vikas Nigam Ltd (RVNL) and Dighi Port Ltd (DPL) for developing rail connectivity from Dighi Port to Roha, and integrating the region with the Delhi Mumbai Industrial Corridor (DMIC), highlighted a release. The MoU was inked on April 18, in the presence of Mr Devendra Fadnavis, Chief Minister of Maharashtra, Mr Suresh Prabhu, Minister of Railways, Mr Anant Geete, Union Minister of Heavy Industries and Mr Manoj Sinha, Union Minister of State for Railways, among others.
According to Mr Fadnavis, the most significant points of connectivity are Yavatmal, Gadchiroli, Beed, Nanded and Ahmednagar. This will change the entire landscape of the state, he stressed.
The Chief Minister complimented Mr Suresh Prabhu for giving direction and momentum to the country and Maharashtra in particular through his plan to enhance rail connectivity. Port-led growth will play a very important role in the overall GDP growth, which is largely dependent on connectivity, he said, adding that the state is also committed to building a good road network.
Maharashtra is now taking proactive steps to fulfil the Prime Minister’s vision by taking the lead in promoting port-led growth, for which he assured complete support to the stakeholders.
He said that several more MoUs would be signed in the near future to alleviate the transport problems on the western waterfront. These developments would require new finance models to be first put in place.
He added that the government is also taking significant steps towards capacity enhancement of private and non-major ports.
Pointing out that Maharashtra has a 760-km long coastline, Mr Suresh Prabhu stressed that the state will automatically develop if the coastal areas have ports connected with the rest of the state through rail and road. Economic growth in Maharashtra adds 2 per cent to the overall growth of India, he said.
The government will not only be a facilitator, but also an initiator and will closely monitor the partnership models in the country, he said.
Emphasising on revamping the public-private partnership (PPP) mode, he said clearances must be time-bound.
Rail connectivity promotes economic growth by linking regions which have ports with industrialised areas that do not have port connections, he pointed out.
The Minister emphasised that an investment of $ 150 billion is required in the rail sector. Transportation is the key to development and transportation cost decides the cost of production; hence, development of logistics infrastructure is significant for economic growth, he said.
Mr Anant Geete said that Konkan was the ideal location for port development, which will lead to economic growth, employment and exports.
Mr Manoj Sinha stressed on fast-tracking rail projects.
Mr Vijay Kalantri, Chairman and Managing Director of Dighi Port, described the MoU signing as a great day for the project, which had to wait 10 years for this clearance. He complimented the governments at the Centre and state for their proactive support to such projects. He stressed on the need for transparent and fast-track clearance of projects, as time saved was cost saved, and delay in any process was anti-development.
He stressed that rail and road connectivity are key to the success of a port and being part of DMIC/DFC would lead to the overall development of the region.
Mr S. C. Agnihotri, Managing Director of RVNL, said that this was a landmark project for the firm and its first in Maharashtra. RVNL will not only participate in the form of equity, but also ensure its success, he stressed.
Mr Vishal Kalantri, Director of Dighi Port Ltd, while proposing the vote of thanks, said the port would be capable of having 100 million tonnes of capacity if the logistics is in place.
The signing ceremony was attended by senior officials, consul generals, political leaders and industrialists.
This post was written by Atlantic Admin