Vadhavan Port: India’s First Mega Port
On 19th June, 2024, the Union Cabinet approved the development of an “all-weather greenfield deep draft major port" at Vadhavan in Palghar district of Maharashtra.
- A deep draft port is a port that can accommodate large vessels such as big cargo ships.
Need for Deep Draft Port
- The Jawaharlal Nehru Port, located in Navi Mumbai, is currently chock-a-block.
- The Vadhavan port is expected to ease the burden off Jawaharlal Nehru Port.
- Vadhavan is one of those most significant natural sites along the west coast of India where natural draft is 20 metres. It’s a very significant parameter for developing a new port.
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 Small and Medium Real Estate Investment Trust
- 2 SEBI Proposes SSE-EBP Platform for NPO Fundraising
- 3 NSE Issues Rulebook for Retail Algorithmic Trading
- 4 SEBI Consultation Paper on Categorization of Mutual Fund Schemes
- 5 Draft RBI (Digital Banking Channels Authorisation) Directions, 2025
- 6 IBA Urges Swift Migration to ISO 20022 to Safeguard Cross-Border Payments
- 7 Code of Conduct for Regtech Firms
- 8 Internal Insurance Ombudsman Framework
- 9 Indian Agriculture: Initiatives & Achievements
- 10 ADEETIE Scheme