India allocates Rs 504.22 crore to its two foreign ports

Kakinada: Shipping Minister Sarbananda Sonowal has said that the Central government has allocated Rs 504.22 crore for two Indian overseas ports (IFPs) which are operational globally- Chabahar Port (Shahid Beheshti Port) in Iran and Sittwe Port in Myanmar.

“No overseas port project is currently underway. Around Rs 500 crore was allocated for Chabahar Port in the last 10 years, of which Rs 168.90 crore has been utilised. Similarly, for Myanmar Port, we allocated Rs 4.22 crore for the financial year 2024-25, of which Rs 3.97 crore has been spent,” he told Parliament in reply to a question by Eluru Lok Sabha member Putta Mahesh Yadav. In the last five years, 1,07,45,574 metric tonnes of cargo was transported from Chabahar port, while this year 46,317 metric tonnes of cargo was transported from Myanmar’s Sittwe port. Replying to a question from Kumar, Urban Affairs Minister Tokhan Sahu said that Amaravati and Visakhapatnam cities have been selected for the City Investment to Innovate, Integrate and Sustain (CITIIS) scheme. The Greater Visakhapatnam Municipal Corporation has spent Rs 52 crore to upgrade 39 schools.