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What is the duration for which waterway usage charges have been waived off by the Shipping Ministry?
A)
7 years
B)
5 years
C)
3 years
D)
2 years

Correct Answer : Option (C) - 3 years


Union Shipping Ministry has announced that it has waived off waterway usage charges for a period of three years.
This decision has been taken to promote inland waterways as a cheaper mode of transport. Water usage charge was previously applicable on use of all national waterways by vessels. This waiver is estimated to increase the inland waterway traffic movement to 110 million metric tonne (MMT) in 2022-23.

Published On : July 18, 2021
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