Signal Desk · Economy

Centre sets 12% coastal freight target by 2047

2026-11-03 · 1 source · Business Standard Economy & Policy

In short

The Centre said it wants coastal freight to reach 12% by 2047, according to the report. It also said the Coastal Cargo Promotion Scheme and Cruise Bharat Mission could create more than 5.6 lakh jobs and cut carbon emissions by 16 million tonnes.

This matters for shipping, ports, tourism and related jobs. The report does not say when the schemes will begin or give more detail on how the targets will be achieved.

What the reporting says

The Centre targeted a 12% share of coastal freight by 2047, with Minister Sonowal citing the goal in the available reporting. The publisher-supplied summary also says the Coastal Cargo Promotion Scheme and Cruise Bharat Mission are expected to create over 5.6 lakh jobs and cut carbon emissions by 16 million tonnes, and that Puri may get a ₹1,500 crore cruise terminal. The reporting does not say when these measures start or what documents backed the targets.

Why it matters

The Centre set a 12% coastal freight share target for 2047, with Minister Sonowal quoted in the available reporting. The same summary says the Coastal Cargo Promotion Scheme and Cruise Bharat Mission are expected to create over 5.6 lakh jobs and reduce carbon emissions by 16 million tonnes, while Puri may receive a ₹1,500 crore cruise terminal. The reporting does not state implementation details or confirm the underlying document.

Touches: Economy, Government, Jobs

Sources