Coastal Shipping Bill 2024 Passed by Lok Sabha
Why in the news
The lower house of Parliament cleared a law that treats coastal shipping as a separate transport mode with its own rules, aiming for cheaper and greener cargo movement.
Key facts
- Goal: shift some cargo off roads and railways onto sea and inland waterways, cutting logistics cost and improving multimodal links.
- Expected gains: lower emissions, a more competitive cargo sector and port investment.
- Backs the Sagarmala initiative of port-led development.
Exam angle
- Minister: Sarbananda Sonowal.
- Related programme: Sagarmala.