Ministry of Shipping Approves Rs 156 crore Freight Village in Varanasi

  • The Ministry of Shipping has approved the development of Rs 156 crore freight village in Varanasi adjoining the Inland Waterways Terminal on River Ganga.
  • The Varanasi freight village will be developed by the Inland Waterways Authority of India.
  • It will serve as a cargo hub and a centre for aggregation and value addition.  It will also provide support to stimulate development of a professional logistics industry in Varanasi.
  • A freight village is a designated area where facilities for various modes of transportation, distribution of goods and other logistics are available in a synchronized manner on a large scale.The main function of freight villages is management and utilization of various modes of transport, synergizing them and decongesting the existing mode of transportation.