The Minister of State for Shipping Shri Pon.
Radhakrishnan, while answering a question in Lok Sabha on 4 January 2018
informed that the West Coast Canal (WCC) between Kottapuram to Kollam along
with Champakara and Udyogmandal Canals, declared earlier as National
Waterway-3, has further been extended in the north up to Kozhikode vide
National Waterways Act, 2016.
The development of NW-3 is undertaken
with the overall funds allocated to Inland Waterways Authority of India (IWAI)
under Gross Budgetary Support (GBS) and those raised by the IWAI in the form of
Extra Budgetary Resources (EBRs) as bonds, concludes a release.
The Centre has been
consistently striving to reduce the logistics cost by promoting the national
waterways through a project named Jal Marg
Vikas Project. Just a few days back, for instance, the
government approved the Rs 5,369-crore Jal Vikas Marg Project (JVMP) for
enhanced navigation on the Haldia-Varanasi stretch of National Waterway-1