About Inland water transport terminal:
- The terminal is set to transform the connectivity in the region and bolster our trilateral trade with Bhutan and Bangladesh.
- The foundation stone for the terminal was laid in February, 2021.
- It has been set up at a cost of Rs 82 crore.
- It has the potential to boost trade by reducing transportation expenditure and offering an eco-friendly and alternative mode of transport via the Brahmaputra river.
- By 2027, this terminal is expected to handle cargo of 1 million tonnes per annum.
About Inland Waterways Authority of India:
- It is a statutory body established under the Inland Waterways Authority of India Act (IWAI), 1985.
- Purpose: The Authority primarily undertakes projects for development and maintenance of IWT infrastructure on national waterways through grant received from the Ministry of Ports, Shipping and Waterways.
- It presently has five regional offices in Guwahati (Assam), Patna (Bihar), Kochi (Kerala), Bhubaneswar (Odisha) and Kolkata (West Bengal).
- Headquarter: Noida, Uttar Pradesh.
- Nodal Ministry: Ministry of Ports, Shipping and Waterways.
