Situated close to Bhutan and Bangladesh, the terminal is of strategic importance, vital for India's bilateral trade, and supports the Neighbourhood First Policy.
About Inland Water Transport
Definition: It involves the transportation of people and goods on navigable waterways such as rivers, canals, lakes, and other inland water bodies.
Legislative Frameworks
- Inland Waterways Authority of India Act, 1985: This Act established the Inland Waterways Authority of India (IWAI) in 1986.
IWAI is an autonomous body responsible for the development, maintenance, and regulation of National Waterways (NWs). - National Waterways Act, 2016: This legislation declared 111 inland waterways as ‘National Waterways’ (NWs).
Examples include NW-1 (Haldia–Allahabad on the Ganga-Bhagirathi-Hooghly River System) and NW-2 (Dhubri–Sadiya on the Brahmaputra River). - Inland Vessels Act, 2021: Replacing the century-old Inland Vessels Act of 1917, this law aims to streamline the regulation of inland vessels and ensure their safe navigation.
Importance of Inland Water Transport
- Supports the Logistics Sector: Cargo traffic on National Waterways has seen tremendous growth over the past decade.
- Promotes Tourism: Initiatives like the Cruise Bharat Mission aim to significantly increase sea and river cruise tourism by 2029.
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