Increased Budget for IWAI Boosts Inland Water Transport Infrastructure in India
The budget for India’s Inland Water Transport Authority (IWAI) has been increased to Rs 1,944 crore in FY2025-26, a 31% rise from the previous year. This funding will focus on developing National Waterways, improving infrastructure, and enhancing waterway connectivity. Additionally, the Chennai Port Authority received a loan for land acquisition and road construction.