PM Modi dedicates First Multi Modal Terminal to the Nation!!

PM Modi dedicates First Multi Modal Terminal to the Nation

Is National Waterway development wastage of Money??


Reference -
https://www.financialexpress.com/india-news/nitin-gadkari-stresses-on-waterways-says-cost-of-travel-by-water-is-20-paise-as-compared-to-road-which-is-rs-1-5/881014/
https://en.wikipedia.org/wiki/Inland_Waterways_Authority_of_India
https://www.wwinn.org/india-inland-waterways
https://www.wwinn.org/china-inland-waterways
https://en.wikipedia.org/wiki/Varanasi_Multi-Modal_Terminal
https://en.wikipedia.org/wiki/National_Waterway_1#Dredging_of_Ganga
https://www.ndtv.com/india-news/pm-modi-to-inaugurate-first-multi-modal-waterways-terminal-in-varanasi-1945764
https://www.ndtv.com/india-news/pm-modi-to-inaugurate-first-multi-modal-waterways-terminal-in-varanasi-1945764
https://indianexpress.com/article/what-is/multi-modal-terminal-ganga-varanasi-jmvp-5438258/
http://www.ebu-uenf.org/fileupload/SummaryStudy_engl.pdf
https://www.narendramodi.in/pm-modi-to-inaugurate-national-highway-projects-and-inland-waterway-terminal-in-varanasi-542204


Transcript - 


Hello Friends, welcome to Real Quick Info channel. Lets discuss our Real Quick Analysis.




You know, Indian Prime Minister Modi has inaugurated Statue of Unity on 31 Oct, which has been built at the cost of 3000 crores.



As we read all comments of our viewers, we found that majority of them don't consider the money spent on Statue of Unity as wastage.



However, majority of experts consider statue of unity as tallest wastage of national resources.



Now, today Prime Minister Modi is going to dedicate first Indian multi modal terminal on National Waterway one in Varanasi, which will provide 500 direct employment opportunities and 2000 indirect employment opportunities.



In future, three more multi modal terminals will be developed on National waterway one in Sahibganj, Haldia and Gazipur.



These multi modal terminals are essential part of infrastructure necessary for handling and transferring the cargo containers in between water and land mode of transportation.





Its important to notice here, with the 50  50 % Partnership in between India and World bank,  National waterway one in between Haldia and Varanasi is being developed at the cost of 5369 Crores.



Now some of the experts, who were opposing Statue of Unity will simply go in silent mode and try to neglect this project.



While other experts will find faults in this project as well.



We will discuss about their possible concerns in the later part of the video.



its common sense that its cheaper to travel and transport on water. Perhaps that's why Inland waterways authority of India was created in October 1986.



In between year 1986 and 2010, total 1,117 crores were spent by inland waterway of India.



Perhaps government of those days forgot the obvious benefits of in land waterway after creating Inland waterways authority of India.



In fact, National Waterway 1 was declared so back in October 1986.



Thanks to neglect to Inland waterways, In India, we have logistics cost 18 Percent, in European countries its 12 percent and in China its 10 percent.



This simply means, Thanks to lesser logistics cost, Chinese product will be at least 8% cheaper than Indian product.



We all like to buy cheap Chinese goods, but very few among us wonder, how come China is able to sell so cheap products world wide.



Partly the reason behind cheap Chinese goods is lesser logistics cost as well.



Now, the question is why Chinese logistics cost is less. To know the answer, please look at this chart. if we compare cost of road travel and cost of travel on rail with cost of travel by water.



The cost of travel by water is the least.



Now consider this, China has 1 Lakh 10 thousand kilometer long inland waterway with traffic carrying 12 thousand crore tons of cargo annually.



In fact, China has number one waterway in the world for transport of goods.



So far as India is concerned, 4332 Kilometer long rivers have been declared as national waterways. but they carry only 7 crore tons annually.



Leave aside china for a moment, in America 21% of total cargo is moved by the inland waterways , but in India only 0.1% of total cargo is moved by the inland waterways.



Therefore its suffice to say that freight transport by waterways in India is highly underutilized compared to other large countries like America, China and European union.



Some of our viewers say that we takes sides  with Modi government. but when we blame Modi government for being soft on China, we have guts to praise if they do something good as well.



Analyzing something does not mean that you always criticize.



Modi government must be appreciated for operationalization of first inland waterways in India after 32 years of Inland waterway authority of India creation.



In fact, if Prime Minister Nehru is credited for building dams in India, Prime Minister Modi  must be credited for developing the waterways in India.



Its different matter that Prime Minister Neharu harnessed the potential of stopped water, but Prime Minister Modi is harnessing the potential of flowing water.



We know, many experts will feel uncomfortable when Prime Minister Neharu is compared with Prime Minister Modi.



Lets be clear. A country doesn't develop and maintain inland waterways after becoming rich and prosperous.  Rather it first develops and maintains inland water ways only to become rich as obvious result.



Lets quickly consider other benefits of waterways.



- Less Energy consumption

- Less air and noice pollution

- Less number of accidents and deaths



Despite having so many benefits, Indian water ways face serious challenge of large fluctuation of the water volume during summer and monsoon months.



More importantly, the larger the size of transport vessel, the more will be saving of transportation cost on inland waterways.



Therefore its obvious that river dredging is required to maintain minimum draft for large vessel movement and water flow control is necessary to make waterway navigable across the year.



River dredging and water flow control sounded alarm for environmentalists.

Interestingly, Wiser Government of India has amended the law in January 2016 to allow dredging activities for maintenance of waterway to happen without need of any environmental clearances.



Though delay due to environmental clearance has been eliminated by changing the law, but biologist are claiming that transport over the waterways will negatively impact aquatic bio diversity specially River Dolphins in Ganga.



Another study claimed that due to dredging activities, self purification capability of river Ganga will be destroyed.



While these environmental experts might have raised genuine concerns,  but environmental cost of water ways far outweigh the benefits due to logistics cost reduction.



In fact, wherever its possible, the environmental damage must be reduced.



But the point is different, if you do something, there will always been few advantages and few disadvantages.



Now, its up to you, whether you don't want to do any thing by focusing on disadvantages, or being a doer you focus on advantages and try to limit disadvantages wherever its possible.



In case of National Waterway 1, Modi government is a doer.



Otherwise the way things have been neglected for last 30 years, they could have been neglected for next 30 years as well.



Since building waterways was a priority neither for electorate nor for elected.



Anyways better later than never, Finally Today India will have its first  multi modal terminal on national waterway one in Varanasi. However, we have a long way to harness our flowing rivers.





As per your analysis, considering the environmental damage, should Modi government not have developed national waterways?



 Please let us know your views in comment section below.











Please find the reference links of this video in the description box below.







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