Shri Nitin Gadkari also highlighted the initiatives taken by his Ministry to promote coastal shipping. The major initiatives taken in this regard include green channel clearance, priority berthing, incentivizing modal shift of cargo such as fertilizers, food, grains, marbles, tiles, sugar, edible salt and over-dimensional cargo, containerized cargo and automobiles, scheme for developing dedicated coastal berths on the ports, 70% abatement on service tax; at par with road and rail, exemption from lighthouse dues, 40% rebate on Vessel and Cargo related charges, relaxed manning and technical standards and customs and central excise duty exemption on bunker fuel.
Presenting the profile of Vision 2020 for coastal shipping in India, the Minister said that development of cruise and coastal tourism would be brought into focus. The other features of the Vision include coastal shipping as part of end-to-end logistics chain, integration of inland waterways with coastal roads and development of regional centers of coastal cargo, he added.
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