The Union Budget 2026 aligns with the Maritime Amrit Kaal Vision 2047, focusing on expanding inland waterways to enhance sustainability and logistics efficiency. Key initiatives include operationalizing new waterways and the Coastal Cargo Promotion Scheme. Challenges like connectivity and maintenance need addressing, while new regulations and training institutes aim to support sector growth.
The article was authored by Ashish Suman, Partner, was published in Hindustan Times.
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Ashish’s key focus area is Infrastructure Specialty contracts as well as Public Procurement and Public Private Partnership with a focus on Construction, Transportation and Energy.