KSINC poised for growth, despite setback
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It records profit of ₹1 crore in 2019-20; crosses business of ₹20 crore
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The revenue from Nefertiti, the luxury cruise vessel owned by KSINC, went up from ₹69.84 lakh to ₹2.4 crore in the last fiscal.
It records profit of ₹1 crore in 2019-20; crosses business of ₹20 crore
The Kerala Shipping and Inland Navigation Corporation (KSINC), which recorded a profit of nearly ₹1 crore in 2019-20, crossed business of ₹20 crore by the third quarter of the financial year 2020-21, despite setbacks caused by the COVID-19 socio-economic conditions, Prasanth N., Managing Director, KSINC, said.
The Kochi-based public sector undertaking focuses on inland water transport, coastal shipping, and tourism. The revenue from
Improvement in port connectivity
In order to overcome these challenges, many initiatives have been taken over a period of last few years. Some of the recent initiatives taken by the government are as follows:
New legislation viz. Major Ports Authority (MPA) Bill, 2020 have been formulated after extensive deliberations and discussions with the stakeholders. The MPA Bill, 2020 has been passed by the Lok Sabha and would be introduced in Rajya Sabha in the next session. It will usher in a new era for the administration of Major Ports in India in which the Major Ports will have much greater autonomy and contribute significantly to the economic growth and provide world-class port infrastructure by adopting the Landlord Model of development
Yogi asks officials to prepare integrated logistic plan daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.
NGT asks MoEF for report on whether clearance needed for inland waterway projects in Ganga
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Last Updated: Dec 18, 2020, 07:01 PM IST
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The tribunal was hearing a plea filed by Bharat Jhunjhunwala and others on whether EIA is necessary for navigation infrastructure in the River Ganga in the stretch from Varanasi to Haldia also known as the National Waterway 1 (NW1) undertaken by Inland Waterways Authority of India.
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The applicant referred to Entry 7(e) of Schedule to the EIA Notification to state that ports, harbours, back waters and dredging require clearance.
New Delhi: The National Green Tribunal has directed the Ministry of Environment and Forests (MoEF) to submit a report on the issue whether Environment Impact Assessment is necessary for inland waterway projects in Ganga river in the stretch from Varanasi to Haldia also known as the National Waterway 1. The Jal Marg Vikas Project (JMVP) is being implemented on the Varanasi-Haldia stretch