Current Affairs Today - Current Affairs 2018

हिंदी करंट अफेयर्स प्रश्नोत्तरी 2018 के लिए यहाँ क्लिक करें.

CCEA approves implementation of Jal Marg Vikas Project on NW-1

The Cabinet Committee on Economic Affairs (CCEA) has approved implementation of Jal Marg Vikas Project (JMVP) for capacity augmentation of navigation on 1,380-km Haldia-Varanasi stretch of National Waterway-1 (NW1) on Ganga River.

The project will be implemented at a cost of over Rs. 5,370 crore rupees with the technical assistance and investment support of the World Bank. It is expected to be completed by March, 2023.

Jal Marg Vikas Project (JMVP)

JMVP was announced by Government in 2014-15 Budget to enable commercial navigation of at least 1500 tonne vessels on the Ganga river. The project envisages the development of waterway between Allahabad and Haldia on Ganga River that will cover a distance of 1620 km.

The project covers Uttar Pradesh, Bihar, Jharkhand and West Bengal. The major districts under its ambit are Varanasi, Ballia, Ghazipur, Chhapra, Buxar, Patna, Vaishali, Khagaria, Begusarai, Munger, Bhagalpur, Sahibganj, Murshidabad, Pakur, Hooghly and Kolkata.

The project aims to develop a fairway with three metres depth to enable commercial navigation of at least 1500 tonne vessels on the river. It also includes the development of fairway, multi-modal terminals, strengthening of open river navigation technique, conservancy works, modern River Information System (RIS) etc.

The World Bank has provided technical assistance and financial support to the project. Besides, WB’s lending arm International Bank for Reconstruction and Development (IBRD) will provide loan of Rs 2, 512 crore for the project. Union government provide Rs 2,556 crore from budgetary allocation and proceeds from bond issue. Moreover, private sector participation under Public-Private Partnership (PPP) mode will provide Rs.301 crore.

Major Impact

Development and operations of NW1 will provide alternative mode of environment friendly and cost effective transport mode. The project will contribute in bringing down the logistics cost in the country and reduce traffic burden and congestion on roads and railways. It will result into mammoth infrastructure development like multi-modal and inter-modal terminals, Roll on-Roll off (Ro-Ro) facilities, ferry services, navigation aids. It will also give impetus to socio-economic development and result in employment generation.

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CCEA approves construction of bi-directional Zojila Tunnel in J&K

The Cabinet Committee on Economic Affairs (CCEA) approved construction, operation and maintenance of 2-lane bi-directional Zojila Tunnel on Srinagar-Leh section connecting NH-1A in Jammu and Kashmir

The strategic tunnel will provide all-weather connectivity to strategically important Leh region. On completion, it will be Asia’s largest 2-lane bi-directional tunnel.

Key Facts

The Zojila Tunnel will be situated at an altitude of 11,578 feet on Srinagar-Kargil-Leh National Highway (NH-1A). The Project aims at construction of 14.150 km long 2-lane bidirectional single tube tunnel with a parallel 14.200 km long egress (escape) tunnel excluding approaches between Baltal & Minamarg in J&K at estimated cost of Rs 6,089 crore.

The main objective of the project is to provide all whether connectivity to strategically important Leh region in J&K which at moment is limited to at best 6 months because of snow on the mountainous passes and threat of avalanches. Ladakh region remains cut off from rest of the country during winter months due to heavy snowfall.

The project will be implemented by Union Ministry of Road Transport & Highways (MoRTH) through the National Highways and Infrastructure Development Corporation Limited (NHIDCL) on Engineering, Procurement and Construction (EPC) mode.

Significance

The construction of this tunnel will provide all weather safe, fast and cheap connectivity connectivity between Srinagar, Kargil and Leh. It will bring about all round economic and socio-cultural integration of these regions. It also has strategic and socio-economic importance and it will be instrument for development of economically backward districts in J&K. The project, on completion, will also lead to enormous boost in employment as local businesses get linked to National market and beautiful region is able to receive round the year tourist traffic.