Welcome to Scoreclever ⏳ Current Affairs 🌏

  • 👉 Detailed daily current affairs on website
  • 👉 Crisp current affairs on daily PDFs
  • 👉 Easy memorization and revision with app

Recent Current Affairs related to Sagarmala

5 News
3 October 2026 NATIONAL

The Ministry of Ports, Shipping and Waterways (MoPSW) has designated four major and commercial facilities as the first “mega ports” of India under Section 73 of the Indian Ports Act, 2025.

The identified ports include the Jawaharlal Nehru Port Trust in Nhava Sheva, Paradip Port, Deendayal Port in Kandla, and the Mundra Port operated by the Adani Group.

The “mega port” status is granted for a 5-year duration, subject to periodic reviews, based on specific operational benchmarks. To qualify for this status, a bulk port must register an annual cargo throughput of at least 150 Million Metric Tonnes (MMT), while a container port is required to handle a minimum of 7.5 Million Twenty-Foot Equivalent Units (MTEUs).

3 October 2026 BANKING

Sagarmala Finance Corporation Ltd has launched the inaugural blue bond in India. The bond aims to raise ₹600 crore, with a ₹500 crore green shoe option, and has a tenor of 10 years.

The debt offering received an AA+ rating, signifying its status in the upper tier of domestic debt instruments, and SBI Capital Markets served as the arranger for the issuance. It is to be noted that SMFCL is the first NBFC in India dedicated to the maritime sector.

22 August 2026 NATIONAL

Union Minister Sarbananda Sonowal has inaugurated 7 major infrastructure projects at the Paradip Port Authority (PPA) in Odisha, with a total outlay of ₹427.8 crore. The projects are intended to strengthen the capacity and operational efficiency of the port.

The PPA has attained an 18.5-metre deep-draft capability, enabling the handling of larger cargo vessels. Furthermore, concession agreements for 3 mechanisation projects were signed with a cumulative investment of ₹1,580.36 crore. The port also reached an environmental milestone by completing its one-millionth tree plantation.

29 June 2026 STATE

Union Minister Sarbananda Sonowal has inaugurated the new Captain of Ports Terminal Building in Panaji, Goa. The building was developed by the Goa State Infrastructure Development Corporation (GSIDC) at a cost of ₹48.87 crore.

He also announced that the proposed Goa Water Metro project, an environment-friendly urban mobility initiative worth ₹3,146 crore, has been elevated to Phase-I implementation priority.

Explore by Topic

Topics