India Unveils 3-Year Jalvahak Cargo Scheme

India has launched the Jalvahak scheme to incentivize cargo transportation via inland waterways, targeting National Waterways 1, 2, and 16, which encompass the Ganga, Brahmaputra, and Barak rivers. Spearheaded by the Inland Waterways Authority of India and Inland and Coastal Shipping Limited, the initiative aims to reduce logistics costs and decongest roads and railways by offering up to 35% reimbursement of operating expenses for transporting goods over 300 km. Union Minister Sarbananda Sonowal flagged off the inaugural vessels, including MV AAI, MV Homi Bhaba, and MV Trishul, from Kolkata, marking the start of fixed-schedule services for these waterways. This three-year initiative is expected to optimize supply chains for major shipping companies by providing an eco-friendly and economical transport alternative. It is part of a broader effort to promote sustainable transportation and unlock the trade potential of India's waterways. The service will connect major cities like Kolkata, Patna, Varanasi, and Guwahati, ensuring timely delivery and enhancing confidence in the reliability of inland waterway transport.