Question : INVESTMENT BY PRIVATE COMPANIES IN INALND WATERWAYS SECTOR



(a) whether any proposal is under consideration of the Government to attract the private companies to invest in the Inland Waterways sector;

(b) if so, the details thereof; and

(a) the time by which the final decision is likely to be taken in this regard?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF SURFACE TRANSPORT
(DR. DEBENDRA PRADHAN)

(a), (b) & (c) Yes, Sir. Necessary action has already been initiated to evolve a comprehensive policy at the earliest which also envisages fiscal incentives for attracting investment from the private sector and their participation in development of the IWT Sector. No time limit for taking a final decision in this regard could be stipulated.