Minster of State for Shipping and Road Transport and Highways, Shri Mansukh L. Mandaviya informed that The Jal Marg Vikas Project (JMVP) is being implemented with the technical and investment support of the World Bank to strengthen the navigation capacity and promote transportation of cargo and passengers on National Waterway-1, on the Haldia-Varanasi stretch of Ganga-Bhagirathi-Hooghly River System,.
The project has been appraised by the Public Investment Board, at an estimated cost of Rs. 5,369.18 crore, and is scheduled to be completed by 2021-22. The project includes construction of multimodal terminals at Varanasi in Uttar Pradesh, Sahibganj in Jharkhand and Haldia in West Bengal, and a new navigational lock at Farakka in West Bengal.