Panaji (Goa): State chief minister Manohar Parrikar has said that the centre’s decision to earmark funds from central road fund (CRF) for the development of inland waterways will immensely benefit Goa.

“Earmarking 2.5 per cent of CRF for development of waterways, as approved by Union Cabinet chaired by PM Narendra Modi, will immensely benefit Goa,” Parrikar said.

The chief minister said “thanks to Union minister Nitin Gadkari, the union government has prioratised the national waterway development across the Chapora and Mapusa rivers in Goa.”

He said the decision of the union government presents a great opportunity to Goa to move towards affordable and efficient modes of transport.

The Union government on Wednesday approved allocation of 2.5 per cent of the Central Road Fund for National Waterways (NWs) that would result in about Rs 2,000 crore proceeds per annum for their development

Team TNV