"The NDA government under the leadership of Atal Bihari Vajpayee had signed an agreement with Iran for the Chabahar Port, but nothing has moved on that proposal as yet. We import gas, urea, fertiliser through that port, the distance between Chabahar to Gujarat is less than Delhi to Mumbai," Shipping Minister Nitin Gadkari said.
"The Cabinet note on the subject will be floated for its consideration in the next 10-15 days," he said addressing media at a conference to mark 100 days of the Narendra Modi-led government.
"This port will be developed to facilitate import of oil, urea, fertiliser to India," Gadkari added.
The Ministry of Shipping has also formalised a coastal shipping arrangement with Bangladesh in 2014 which would boost the coastal movement of vessels between the two countries.
The government has also decided to establish an outer harbour project at Tuticorin at an estimated cost of Rs 11,650 crore. The preparatory steps for this project are underway.