The Inland Waterways Authority of India (IWAI) has opened a new office in Srinagar’s Transport Bhawan, enhancing the Inland Water Transport (IWT) sector in Jammu and Kashmir. This initiative, supported by the J&K government, aims to improve river navigation infrastructure, boost eco-tourism, and invigorate the local economy through various projects.
The Inland Waterways Authority of India (IWAI) is launching a sustainable urban transport system using navigable waterways across 17 cities. Kochi Metro Rail Limited will assess the feasibility of the Water Metro model, enhancing multimodal connectivity. Green initiatives include electric catamarans and hydrogen fuel cell vessels, promising economic growth and tourism benefits.
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.
