The World Bank is set to provide a grant of $70 million to develop India's under-utilized network of rivers and canals as an alternative mode of transport. This was in response to the shipping ministry's proposal for a technical assistance grant from the Bank to build a transport connectivity and grid linking waterways in eastern region with its South Asian neighbors. The Eastern Waterways Connectivity Transport Grid (EWaCTG) project aims to provide seamless connectivity between National Waterway-1 (NW-1) and NW-2 through the Indo-Bangladesh Protocol (IBP) routes, and develop an economic corridor of 4,200 km of waterways and coastal shipping for Uttar Pradesh, Bihar, Jharkhand, West Bengal and the North-Eastern states. The aim is to pave the way for regional integration of five countries — India, Nepal, Bhutan, Bangladesh and Myanmar — in the South Asian region, said an official in the Shipping Ministry.
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20 March 2020
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