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Modi government's Rs 10,000 crore plan to transform Andaman and Nicobar islands
Sep 26, 2015|The Economic Times|Full Article
India has drawn up an ambitious, Rs 10,000 crore plan to transform the Andaman and Nicobar Islands into the country’s first maritime hub
"Plans for the projects that are to be undertaken over the next two years have already been formulated," shipping Minister Nitin Gadkari told ET. "Action is being initiated."
Projects that entail an investment of Rs 2,000 crore have been sanctioned and work on the rest of the programme will start soon.
The shipping ministry has prepared a 15-year perspective plan for the development of shipping and port infrastructure on the islands, which are home to India’s eastern and southern tips, putting them within close distance of an international shipping route.