Inland Vessels Bill 2021
The Inland Vessels Bill, 2021 was recently passed by the Lok Sabha. The legislation will replace separate rules framed by states with a uniform regulatory framework for inland vessel navigation to aid the nationwide operation of registered boats, ships, container vessels, sailing vessels and ferries.
The Bill is in line with the Central Government?s vision to develop inland ports and improve domestic cargo movement at a lesser cost. It is expected to provide employment for 1 crore people in the next 10 years, reduce logistics costs and improve efficiency of cargo movement.