Kerala Maritime Board demands extension of coastal shipping subsidy
The Hindu
‘Plan to strengthen initiatives to invigorate State’s underutilised waterways’
The Kerala Maritime Board (KMB) has recommended to the State government the extension of the subsidy scheme to take freight operators away from the State’s congested and accident-prone highways to the coastal waterway for another three years, from January 2022 when the existing scheme will lapse. This is in addition to Ports Minister Ahammad Devarkovil urging the Cochin Port Trust earlier this week to recommend to the Union Shipping Ministry incentivisation for the State’s coastal shipping sector. The steps were in keeping with the Board’s action plan to rev up initiatives to invigorate Kerala’s underutilised waterways, said official sources. Stakeholders in the sector, including merchants bodies and chambers of commerce, have been seeking legislative and other reforms so that cargo, especially non-perishable commodities, are ferried through Kerala’s inland waterways, while the coastal shipping route could be used to transport cargo in bulk to ports within the State and outside.
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