Union minister Nitin Gadkari noted that the role of all ports was very important as it creates a lot of jobs and boosts the economy. Photo: PTIChennai: Profits from 12 major ports in the country was expected to touch Rs7,000 crore this year, up from Rs3,000 crore in 2014, Union minister of road transport and highways and shipping Nitin Gadkari said in Chennai on Monday. “The first year, when I took charge as minister (in 2014) profits from these ports was Rs3,000 crore. This year, we are expecting profits up to Rs7,000 crore”. “Abour Rs4 trillion investment we are expecting to be made in road connectivity, port-rail connectivity, modernisation and mechanisation of ports.

Source: Mint February 26, 2018 11:37 UTC