Wednesday 19 December 2018
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business-standard - 13 days ago

Govt approves Rs 156 crore freight village in Varanasi

The government Thursday said it has given its nod to develop a Rs 156 crore freight village in Varanasi adjoining the inland waterways terminal on river Ganga that will boost the logistics industry in the holy city. The Ministry of Shipping has approved the development of a Rs 156 crore freight village in Varanasi adjoining the Inland Waterways Terminal on River Ganga, the ministry said in a statement. A freight village is a designated area where facilities for various modes of transportation, distribution of goods and other logistics are available in a synchronised manner on a large scale. The Varanasi freight village will be developed by the Inland Waterways Authority of India (IWAI), it said. The freight village will serve as a cargo hub, and a centre for aggregation and value addition. It will also provide support to stimulate development of a professional logistics industry in Varanasi, the statement said. A World Bank pre-feasibility study has found Varanasi to be a suitable

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