Govt clears ₹156-cr freight hub in Varanasi

    freight hub in Varanasi
    The Union government recently gave its nod to develop Rs 156 crore freight hub in Varanasi adjoining the inland waterways terminal on river Ganga to boost the logistics industry. A freight village is a designated area where facilities for various modes of transportation, distribution of goods and other logistics are available in a synchronized manner on a large scale. The Varanasi freight village will be developed by the Inland Waterways Authority of India (IWAI). The freight village "will serve as a cargo hub and a centre for aggregation and value addition. It will also provide support to stimulate the development of a professional logistics industry in the holy city. A World Bank pre-feasibility study has found Varanasi to be a suitable site for the freight village as the city is located strategically and is a focal point in the logistics chain of Eastern Transport Corridor of the country where the National Waterways-1, Eastern Dedicated Freight Corridor (EDFC), National Highway-7 and National Highway-2 pass through.
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