VARANASI FREIGHT VILLAGE

Dec. 7, 2018

The Ministry of Shipping has approved the development of a Rs. 156 crore freight village in Varanasi adjoining the Inland Waterways Terminal on River Ganga.

Freight Village:

  • 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 main function of freight villages is management and utilization of various modes of transport, synergizing them and decongesting the existing mode of transportation.

  • Delivery and coordination of various freight related activities under one roof ensures ease of doing business.

Varanasi freight village:

  • The Varanasi freight village will serve as a cargo hub, and a centre for aggregation and value addition. It will also provide support to stimulate development of a professional logistics industry in Varanasi.

  • Implementing agency: It will be developed by the Inland Waterways Authority of India.

  • Why Varanasi?
    • A World Bank study has found Varanasi to be a suitable site for the freight village.

    • The city is a focal point in the logistics chain of Eastern Transport Corridor of India where the National Waterways-1, Eastern Dedicated Freight Corridor (EDFC), National Highway-7 and National Highway-2 pass through.

    • The volume of traffic on inland waterway to Varanasi is expected to increase with the commissioning of the multi modal terminal being built under the Jal Marg Vikas project.



Source : PIB