In order to manage 100 cargo barges and pusher tugs on different national waterways starting in late 2025, the Inland Waterways Authority of India (IWAI) has signed a strategic Memorandum of Understanding (MoU) with Rhenus Logistics India, an international logistics firm
This seeks to enhance multimodal freight transport and private involvement in India’s inland waterways sector.
Concerning Inland Waterway Transport (IWT):
What does Inland Waterway Transport (IWT) refer to?
IWT pertains to the transportation of commodities and individuals via navigable rivers, canals, backwaters, and creeks utilizing boats, barges, or ferries. It is an economical, eco-friendly, and efficient means of transportation.
Main Efforts to Enhance IWT in India:
Jal Marg Vikas Project (JMVP): Initiative financed by the World Bank to enhance the capacity of NW-1 (Ganga).
Covers dredging, terminal construction, and navigation equipment.
Regarding the Inland Waterways Authority of India (IWAI):
Founded: 1986 under the IWAI Act of 1985
Nodal Ministry: Ministry of Shipping, Ports, and Waterways (MoSPW)
Main office: Noida, Uttar Pradesh
Goals:
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The Hubble telescope has recently marked 35 years of exploring the cosmos, the Hubble telescope is named in honor of astronomer Edwin Hubble
Inland Waterways Authority of India (IWAI) has signed a strategic Memorandum of Understanding (MoU) with Rhenus Logistics India, an international logistics firm
India launched "Operation Sindoor," a targeted military campaign against nine terrorist bases in Pakistan and Pakistan-occupied Kashmir (PoK
India-UK Free Trade Agreement (FTA) negotiations, primarily as a result of the UK's proposed Carbon Border Adjustment Mechanism (CBAM), or carbon tax
The Department of Consumer Affairs (DoCA), Government of India, has received the report from the Committee formed for the reparability Index (RI) Framework
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