IWAI and J&K Sign MoU to Boost Cruise Tourism on Chenab, Jhelum & Ravi

Team Finance Saathi

    07/Mar/2025

What's covered under the article:

  • IWAI & J&K Government signed an MoU to promote river cruise tourism on Chenab, Jhelum, and Ravi.
  • Agreement includes developing cruise terminals and enhancing tourism infrastructure along national waterways.
  • Signed at Chintan Shivir, Srinagar, the initiative aims to boost economic growth and sustainable tourism in the region.

The Inland Waterways Authority of India (IWAI) has formalized a strategic partnership with the Government of Jammu and Kashmir to promote river cruise tourism across three national waterways: River Chenab (NW-26), River Jhelum (NW-49), and River Ravi (NW-84). This initiative, unveiled during the ‘Chintan Shivir’ event in Srinagar, aims to create a sustainable tourism model while generating significant economic opportunities for the region.

Enhancing River Cruise Tourism in Jammu & Kashmir

The partnership between IWAI and the J&K Government will focus on transforming the scenic rivers into key tourism corridors by developing world-class cruise tourism infrastructure. This includes the construction of modern cruise terminals, docking stations, and visitor facilities along the identified waterways. The primary goal is to make these rivers accessible for luxury river cruises, showcasing the picturesque landscapes and cultural heritage of the region.

  • River Chenab, River Jhelum, and River Ravi will be developed as the primary routes for these cruises, with cruise terminals to be set up in important locations along their banks.
  • The agreement outlines a sustainable approach to tourism, ensuring environmental conservation while boosting local economies.

Strategic Benefits of the Partnership

This collaboration holds great promise for the economic growth of Jammu & Kashmir, with the potential to attract both domestic and international tourists to the region. The initiative is set to:

  • Stimulate local economies by creating new tourism-related jobs and boosting the hospitality sector.
  • Promote sustainable travel by emphasizing eco-friendly cruise operations and environmental preservation.
  • Foster regional development, creating a ripple effect that will benefit surrounding communities.

The MoU also highlights the tourism diversification goals for Jammu & Kashmir, moving beyond conventional tourism to include the emerging waterway-based tourism sector.

Infrastructure Development Plans

In addition to cruise terminals, the partnership outlines plans for creating essential infrastructure, such as:

  • Road access to cruise terminals and other facilities.
  • Public amenities and services, including restaurants, hotels, and transport systems, to enhance the experience for tourists.
  • Waste management systems and environmental safeguards to ensure sustainable development along the rivers.

Sustainability and Growth Potential

This initiative is part of a broader vision to develop river-based tourism across India. By leveraging natural waterways as a tourist attraction, the project can contribute significantly to the region’s economic development while maintaining environmental integrity. The collaboration with IWAI represents a critical step towards positioning Jammu & Kashmir as a leading destination for river cruise tourism in India.

Conclusion

The IWAI-J&K MoU sets the stage for a transformative shift in the region's tourism landscape, offering an innovative, sustainable tourism model that promotes economic growth while preserving the region's natural beauty. With modern infrastructure and a focus on eco-friendly practices, the river cruise tourism project aims to establish Jammu & Kashmir as a premium travel destination for domestic and international visitors.


The Upcoming IPOs in this week and coming weeks are Super Iron Foundry.


The Current active IPO is NAPS Global.


Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.


Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.


Join our Finance Saathi Telegram Channel for Regular Share Market, News & IPO Update.

Related News
onlyfans leakedonlyfan leaksonlyfans leaked videos