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Looking Ahead

• Corporatization of major ports
• Transition from 'Service Port' model to 'Landlord' model
• Capital Dredging to be undertaken to deepen draughts and allow larger vessels to berth
• Non-major ports to handle more cargo than before
• Steps underway to improve rail-road connectivity
• National Maritime Development Program by 2015
• Funds allocated for ports development: Rs 600 billion
• Funds allocated for shipping: Rs 250 billion
• Funds allocated for IWT: Rs 750 billion (Public: 15%, Private: 85%)