Cabinet agrees to convert 101 rivers into waterways

India at present has only five river stretches declared a as National Waterways.

"The Union Cabinet chaired by the Prime Minister Narendra Modi, today gave its approval for enactment of Central legislation for declaring 101 additional Inland Waterways as National Waterways (NW)  for navigation," an official statement said.

This will create a logistic supply chain with intermodal (Rail, Road and Waterways) connectivity and "would positively contribute to the GDP by opening up business opportunities in the area of dredging, barge construction, barge operation, barge repair facilities, terminal construction...tourist cruise" among others, the statement said.

Investment in all these business areas will create numerous opportunities for employment and economic development and reduce pressure from the already over-loaded, congested and costlier other surface modes of transport, it said.

Detailed business development studies are being carried out under the Jal Marg Vikas Project for identifying all business opportunities and quantifying anticipated investments and employment opportunities, it added.