New Delhi, Jan 10 (IANS) Aiming at unified development of waterways for shipping, navigation and transportation of cargo to the northeastern region, the government Thursday said it would bring a bill in parliament to declare the Lakhipur-Bhanga stretch (121 km) of the Barak River a national waterway.
The move would particularly benefit Assam, Nagaland, Mizoram, Manipur, Tripura and Arunachal Pradesh.
"The union cabinet has approved the introduction of a bill in parliament for declaring Lakhipur-Bhanga stretch (121 km) of the Barak River a national waterway," Union Finance Minister P. Chidambaram told reporters.
The cabinet also approved preparation of projects/schemes for development of infrastructure facilities on this stretch of the river at an estimated cost of Rs.123 crore.
The first phase of the project would be completed by 2016-17, followed by the second phase likely to be completed by 2018-19.