Hyderabad, May 5: Union Minister for Road Transport and Water Resourceas Nitin Gadkari on Saturday announced that the Central government will sanction Rs 2,000 crore for inland waterway on Godavari River.

He asked Telangana, Andhra Pradesh and Maharashtra to come forward to take 10 percent equity each in the special purpose vehicle to be formed by the ministry to execute the project.

Gadkari was speaking at a function to lay foundation stone for four infrastructure projects in Hyderabad.

He said Godavari waterway project will transform the economies of the three states. Stating that a feasibility study has already been completed, the minister said he will order a Detailed Project Report (DPR).

Gadkari was confident that the work on this project can start this year and asked the Telangana government to submit the proposal.

The length of the National Waterway 4 will be 1,184 km from Nasik, where Godavari starts to Bhadrachalam in Telangana to Rajahmundry. It proposed to be extended to Krishna River from Wazirabad to Galagali for another 628 km.

Stating that he has so far ordered infrastructure works worth Rs.10 lakh crore, the minister said there was no dearth of money and he was ready to take up the project by mobilising funds including loans in foreign exchange at two percent interest.

Gadkari said that inland waterways are his dream project, which can double the exports by reducing the logistics cost by 50 percent. He believes this will boost industry and provide employment.

He said work on Buckingham canal and Swarna River waterway had already started. Ganga River will have four multi-modal hubs and this could facilitate transportation of goods from Varanasi to Southeast Asia, Bangladesh and Myanmar. He believes this can transform the economy of Uttar Pradesh and Bihar.

Earlier, Telangana's Industry and Municipal Administration Minister K.T. Rama Rao said since Telangana is landlocked state, it needs help in developing inland waterways. He said the Godavari waterway could facilitate movement of a ship from Bay of Bengal to Maharashtra via Andhra Pradesh and Telangana.

The minister said barrages being built under Kaleswaram project will have the provision to take ships to Godavari.

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Mumbai (PTI): Shiv Sena (UBT) leader Sanjay Raut on Sunday slammed former Chief Justice of India D Y Chandrachud, alleging that he had removed the fear of the law from politicians who defected from parties in Maharashtra.

Raut claimed that by not deciding on the disqualification petitions, Chandrachud kept doors and windows open for defections.

The Shiv Sena (UBT) leader's statement comes after his party faced a severe drubbing in the state assembly elections, as it managed to clinch only 20 out of 95 seats it contested as part of the Maha Vikas Aghadi (MVA).

The performance of the party's alliance partners was no better, with the Congress winning only 16 out of 101 seats and NCP (SP) getting only 10 out of 86 seats it contested.

Talking to reporters, Raut alleged, "He (Chandrachud) has removed the fear of the law from defectors. His name will be written in black letters in history."

Following the split in the undivided Shiv Sena in 2022, the party's faction headed by Uddhav Thackeray filed petitions in the Supreme Court on the disqualification of party MLAs who defected along with Eknath Shinde. The apex court put the onus on the assembly Speaker to decide on the disqualification petitions, which he did earlier this year, declaring the Sena bloc led by Shinde as the “real political party”.

Raut alleged that the results of the assembly election were pre-decided. If the then CJI had decided on the disqualification petitions on time, the outcome would have been different.

"We are sad but not disappointed. We will not leave the fight incomplete. Division of votes was also a factor, and the RSS played an important role in the election. The poisonous campaign impacted us negatively," he said.

He said the swearing-in ceremony for the new government should be held in neighbouring Gujarat.

Meanwhile, in his weekly column "Rokhthok" in the party mouthpiece "Saamana", the Shiv Sena (UBT) leader claimed that it was time to offer condolences to the Election Commission, which turned a blind eye to the use of money power.

"The courts have been in the ICU for a long time," he alleged.