As part of the Sagarmala project, the government plans to develop 10 Coastal Economic Regions (CERs) along India’s expansive coastline of over 7,000 km.
Key Features:
- Focal Points for Economic Development: Each CER will serve as a focal point for comprehensive economic development along the coastline.
- Integrated and Comprehensive Plans: CERs will have integrated plans combining the growth potential of various industrial clusters and economic activities with the development of major and non-major ports.
- Transport Systems Development: CERs will develop land and water-borne transport systems for efficient evacuation of cargo to and from ports on a regional basis, ensuring an optimal modal mix.
- Seamless Movement of Cargo: By linking major and non-major ports, industrial clusters, and evacuation infrastructure, CERs aim to enable seamless and efficient movement of cargo through gateways, enhancing port competitiveness and offering multiple freight options.
- Active Participation of Ports: Ports within CERs will actively participate in driving economic development in the wider region, similar to the role played by large global ports in their respective countries.
Implementation:
- Sagarmala Development Company: The Sagarmala project is implemented by a national-level company, the Sagarmala Development Company.
- Special Purpose Vehicles (SPVs): Each CER will be developed through a special purpose vehicle with equity participation from the concerned state government and the Sagarmala Development Company.
- Management: The management of the CER special purpose vehicle will vest with the state government.
Success in Gujarat:
- The port-led development model in Gujarat serves as a successful example. It includes the development of port-based industrial parks, captive industries, and ancillary facilities, contributing to more cargo for ports.
Benefits and Collaborative Development:
- The collaboration between the central and state governments ensures funding and institutional support, benefiting both parties.
Inland Waterway Sector and Make in India:
- In addition to focusing on major and minor ports, the government aims to attract private investment in the inland waterway sector, providing a competitive alternative for cargo transport and supporting the Make in India program.
Conclusion: The development of Coastal Economic Regions under the Sagarmala project represents a strategic initiative to harness the economic potential of India’s coastline. By integrating plans, optimizing transport systems, and encouraging collaborative development, CERs aim to drive economic growth and enhance the competitiveness of ports, contributing to the overall success of the Sagarmala project and supporting broader national development goals.
FAQs
1. What are Coastal Economic Regions (CER) in the Sagarmala Project?
- Coastal Economic Regions (CER) are defined areas along the Indian coastline identified for comprehensive development under the Sagarmala Project. These regions are strategically chosen to harness the economic potential of India’s maritime sector, integrating ports, logistics, industries, and communities to drive sustainable growth.
2. How are Coastal Economic Regions selected in the Sagarmala Project?
- The selection of Coastal Economic Regions (CER) is based on several factors, including existing industrial clusters, port connectivity, resource availability, and potential for value addition in maritime-related activities. These regions undergo thorough feasibility studies and stakeholder consultations to ensure their viability and alignment with the Sagarmala Project’s objectives.
3. What is the objective of developing Coastal Economic Regions (CER) under Sagarmala?
- The primary objective of developing Coastal Economic Regions (CER) is to unlock the economic potential of India’s coastline by leveraging its maritime resources and infrastructure. By integrating port-led development with industrial growth, infrastructure enhancement, and coastal community empowerment, CER aims to foster sustainable economic progress, job creation, and regional development along the coast.
4. How does the development of Coastal Economic Regions (CER) benefit India’s economy?
- The development of Coastal Economic Regions (CER) under the Sagarmala Project contributes significantly to India’s economic growth by:
- Enhancing port efficiency and connectivity, facilitating seamless movement of goods.
- Promoting industrialization and manufacturing activities near ports, reducing logistics costs and improving competitiveness.
- Generating employment opportunities in maritime-related sectors, including shipping, logistics, shipbuilding, and coastal tourism.
- Stimulating investments in infrastructure development, attracting domestic and foreign capital for sustainable development projects.
5. What measures are taken to ensure sustainability and inclusivity in Coastal Economic Regions (CER) development?
- Sustainability and inclusivity are integral aspects of Coastal Economic Regions (CER) development under the Sagarmala Project. Measures include:
- Environmental impact assessments to mitigate adverse effects on coastal ecosystems and biodiversity.
- Inclusive planning involving local communities, ensuring their participation and addressing their socio-economic needs.
- Promotion of green technologies and practices to minimize carbon footprint and environmental degradation.
- Implementation of social welfare programs to uplift marginalized coastal populations, providing them with skill development, healthcare, and livelihood opportunities.
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