IWT - a Challenging Industry in India

摘要

The most efficient and cheaper mode of water transport for bulk commodities is Inland Water Transport (IWT), India has a lot of navigational waterways, but most of them are suffering from so many navigable hazards. In the Ninth Five-year Plan, major emphasis laid down upon IWT. Thrust laid down upon proper infrastructure find, waterways modernization etc. Inland Waterways Authority of India was set up in the year1986 for regulation and development of Inland Waterways in the country The IWT is now governed by so many factors like legal framework, government support, fiscal concessions, foreign investments regulatory framework etc. The paper is concluded with mentioning different constraints for developing IWT infrastructure and a number of recommendations.