The Infrastructure & Investment Department of Andhra Pradesh issued a notification on 2 June, 2023 whereby, the government appoints 2 June, 2023 as the date when the provisions of the Andhra Pradesh Inland Waterways Authority Act, 2023 will come into force.
This landmark legislation aims to revolutionize the state’s transportation network by harnessing the potential of inland waterways.
The AP Inland Waterway Authority Act 2023 is a positive step towards harnessing this latent potential and maximizing its benefits. By leveraging the state’s water resources, the act aims to create an interconnected network of waterways that can facilitate the movement of goods and passengers.
- Encompasses various provisions to facilitate the development, management, and regulation of the inland waterway system.
- The Act has been introduced for the purpose of water transport/shipping, navigation and water tourism and for matters connected therewith or incidental thereto.
- Attract investments, facilitate trade, and promote industries along the waterways, creating employment opportunities and stimulating economic development in the region