Government Waives off Waterway Usage Charges

To draw more cargo to waterways, Ministry of Shipping has waived waterway usage charges for three years with immediate effect.

Need

  • The move comes in the backdrop of cargo moved on waterways stagnating in fiscal 2020 against the previous fiscal.
  • Water usage charge was applicable on vessels using the national waterways.
  • Currently only 2% of total cargo traffic moves through waterways.
  • It was a hindrance in administration of traffic movement and collection of traffic data.

Current Waterways Charge

  • Presently, Inland Waterways Authority of India (IWAI) levies the waterway usage charges at a rate of Rs 0.02 per gross registered tonnage (GRT) per ....
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