NEW DELHI : The Economic Survey reflects the Narendra Modi government’s transformative impact on India’s Marine sector, Ports, Shipping and Waterways Minister Shri Sarbananda Sonowal said on Friday.
Finance Minister Smt. Nirmala Sitharaman on Friday presented the Economic Survey 2024-25 in the Lok Sabha.
“Gratified to see the Ministry of Ports Shipping & Waterways trailblazing at the forefront among Infra Ministries with a remarkable 76% capital expenditure up to November 2024 for FY25 (BE) as per Economic Survey 2024-25,” Sonowal said.
He also said that he is happy to witness an exceptional rate of capacity enhancement in Ports from 3 MTPA during April-November (FY24) to 21 MTPA during the same period this fiscal.
Citing the Economic Survey, he also said that there is a tremendous improvement in the reduction of average container turnaround time in Major Ports from 48.1 hours in FY24 to 30.4 hours in FU 25 (April-November).
