News wire article from our research archive:

Centre not to fund JNPT's dredging project

Mumbai, Jan 16 -- THE JAWAHARLAL Nehru Port Trust's (JNPT) plan to deepen the approach channel to Nhava Sheva has run into rough weather with the finance ministry declining to fund the project.

Last year, various major ports, along with the Ministry of Shipping, had pleaded with the finance ministry to help them dredge the channels leading up to the docks. The shipping ministry contended that since the finance ministry allocated funding for the national highway project, so should it support the dredging project, because the waterways leading up to the ports are, in a sense, highways too. The finance ministry, however, did not budge.

The ministry made it clear that all such projects would ...

Related newspaper, magazine, and journal articles:

See all results. Or, try our Advanced Search.

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 60 million articles! Access over 3,500 publications with a FREE trial!