The prime objective of the Sagarmala project is to promote port-led development and to provide infrastructure to transport goods quickly, efficiently and cost-effectively.
Sagarmala, integrated with the development of inland waterways, is expected to reduce cost and time for transporting goods, benefiting industries and export/import trade.
It focus on 3 pillars
- Supporting and enabling Port-led Development through institutional framework for ensuring inter-agency and ministries/departments/states’ collaboration.
- Port Infrastructure Enhancement, including modernization and setting up of new ports and port led industrialization.
- Efficient Evacuation to and from hinterland.
The project intends to enhance the capacity of major and non-major ports.
It also strive to ensure sustainable development of the population living in the Coastal Economic Zone (CEZ).
Community Development Fund will be created for projects and activities which strive to bring development for coastal communities.
National Sagarmala Apex Committee (NSAC) is envisaged for overall policy guidance and high level coordination.
At the state level, the State Governments is suggested to set up State Sagarmala Committee headed by Chief Minister/Minister in Charge of Ports.