Cabinet approves MoU between India and Bangladesh for fairway development

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Capital Market
Last Updated : Apr 07 2017 | 12:01 AM IST
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved MoU between India and Bangladesh for fairway development of Ashuganj-Zakiganj stretch of Kushiyara river and Sirajganj-Daikhawa stretch of Jamuna river in the Indo-Bangladesh protocol route by undertaking necessary dredging jointly by the two countries.

The MoU will considerably reduce the logistics cost of cargo movement to North Eastern India. It will also reduce the congestion through the Siliguri Chicken's Neck corridor.

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First Published: Apr 06 2017 | 9:40 AM IST

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